CAO policy 3R - Acceptance Of Gifts

Question 1

LFUCG employees can receive gifts that do not exceed what amount

Answer 1

$35

Question 2

Employees may accept multiple gifts so long as

Answer 2

The cumulative value of gifts doesn’t exceed $35 in 12 months

Question 3

If an employee received a gift that’s a perishable item, that exceeds $35 what must the employee do?

Answer 3

Employee must pay the giver the difference between $35 and the amount of the gift