7-6-615. Authorization to maintain petty cash fund. (1) A county or municipal governing body may set aside a sum out of the general fund, which must be known as a petty cash fund. The petty cash fund must be used for the purpose of paying incidental expenses, such as freight charges, express charges, postage, and other similar expenses that must be immediately paid in cash.
(2) In counties that have a county auditor, the county auditor is responsible for expenditures from the petty cash fund. In counties that do not have a county auditor, the county clerk is responsible for expenditures from the petty cash fund.
History: En. Sec. 7, Ch. 278, L. 2001.
Structure Montana Code Annotated
Chapter 6. Financial Administration and Taxation
Part 6. Local Government Accounting
7-6-605. through 7-6-608 reserved
7-6-609. Declaration of policy
7-6-610. Fiscal year for local governments
7-6-611. Role of department of administration
7-6-612. Additional records and reports
7-6-613. Procedure to transfer funds
7-6-614. Procedure to close inactive funds
7-6-615. Authorization to maintain petty cash fund
7-6-616. Capital improvement funds
7-6-617. Payment of fees and taxes by credit card and other commercially acceptable means
7-6-618. through 7-6-620 reserved
7-6-621. Volunteer firefighters' disability income insurance authorized -- voted levy -- fund