Entire College of Marin Foundation board steps down

September 18, 2012 2:18:29 PM PDT
All nine College of Marin Foundation board members are stepping down amid allegations of misusing student scholarship funds.

Tuesday's resignations came in the form of a letter to the college president.

The foundation and the school have been involved in a financial dispute since the spring when accusations surfaced about the misuse of funds.

An independent investigation and audit is now underway.