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ARTHUR WALTER EDDIE RAILROAD LIBRARY POLICY Interdepartmental Loan Noneffective Date: Next Review Date: Replaces:03/20/2021 03/20/2026 08/11/2012Legal Review Date: AWKRRL00007 Interdepartmental Loan
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How to fill out interdepartmental loan form

01
Obtain the interdepartmental loan form from the designated department or person.
02
Fill out the borrower's information section including name, department, and contact information.
03
Specify the loan details such as the item being borrowed, quantity, and date borrowed.
04
Include any additional information or special instructions.
05
Obtain necessary signatures from both the borrower and approving department.
06
Submit the completed form to the appropriate department for processing.

Who needs interdepartmental loan form?

01
Employees who need to borrow items from another department within the organization.
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The interdepartmental loan form is a document used within organizations to record the terms and conditions of a loan made between different departments or units.
Typically, departmental managers or finance personnel are required to file the interdepartmental loan form when a loan is initiated between departments.
To fill out an interdepartmental loan form, provide details such as the loan amount, purpose, repayment terms, involved departments, and authorized signatures.
The purpose of the interdepartmental loan form is to formalize the lending arrangement between departments, ensuring clarity and accountability in the transaction.
The form must report the loan amount, interest rate (if applicable), repayment schedule, involved departments, purpose of the loan, and the signatures of authorized personnel.
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