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SECTION 501: PETTY CASH AND CHANGE FUND
SOURCE: NDSU President
NDSU departments may maintain small petty cash funds and/or change funds upon the approval of the NDSU Accounting Office. Prior to establishing such a fund, NDSU is required by law (NDCC 54-06-08.1), to receive approval of the fund by the North Dakota State Auditor and State Treasurer. Once approved, NDSU departments are required to maintain a petty cash fund and/or change fund in accordance with guidelines issued by the NDSU Accounting Office.
HISTORY: February 26, 2001.
NDSU PolicyManual
Last Updated: Thusrday, May 09, 2008
Published by North Dakota State University