
278.0 VIII-6.00-POLICY ON BUSINESS ACTIVITIES (Approved by the Board of Regents, March 1, 1989) 1. A primary mission of the University of Maryland System is the creation and dissemination of knowledge. 2. To carry out this mission, it is often desirable for an institution within the University of Maryland System to charge fees for providing goods and services that enhance, promote, or support its instructional, research, public service, and all other educational and support functions in order to meet the needs of the students, faculty, staff, and members of the public participating in institutional events. 3. An educational business activity shall be established and carried on by an institution when consistent with the following conditions: a. The activity is deemed to be an integral part in the fulfillment of the institution's educational, research, public service, and institution support functions, and other education and support activities, without regard to profit; b. The activity is needed to provide an integral good or service at a reasonable price, on reasonable terms, and at a convenient location and time; and c. The activity is carried out for the primary benefit of the institution community but with sensitivity to the total community. 4. Business activities not falling within the preceding conditions may be unrelated business income activities; each institution shall comply with the applicable laws and regulations pertaining to such activities. 5. Each institution may establish a forum for interaction with the local business community to air relevant concerns and to promote mutually beneficial communication between the local private business sector and the institution. 6. Each institution shall develop procedures governing the sale of goods and services on its campus which are consistent with the provisions of this Policy. 7. This Policy shall become effective on adoption by the Board of Regents. Replacement for: BOR VI-10.00