Sec. 403.244. PURPOSE OF PETTY CASH ACCOUNTS. A petty cash account may be established for:
(1) making change of currency;
(2) advancing travel expense money to state officers and employees;
(3) making small disbursements for which formal expenditure procedures are not cost-effective; or
(4) any similar purpose or combination of purposes a state agency considers prudent for conducting state business.
Added by Acts 1991, 72nd Leg., ch. 744, Sec. 1, eff. Sept. 1, 1991.
Structure Texas Statutes
Subtitle A - Executive Officers
Chapter 403 - Comptroller of Public Accounts
Subchapter K. Petty Cash Accounts
Section 403.242. Applicability of Subchapter
Section 403.243. Conformance of Accounts Established Under Prior Law
Section 403.244. Purpose of Petty Cash Accounts
Section 403.245. Accounting for Petty Cash Account
Section 403.246. Amount of Petty Cash Account
Section 403.247. Duties of State Agency
Section 403.248. Travel Advances
Section 403.249. Duties of Comptroller
Section 403.250. Duties of State Auditor