§40-84  Petty cash funds; regulations. Whenever the head of any state department, board, bureau, commission, or otheragency deems it necessary to have a petty cash fund for the proper transactionof the business of the agency, a written application therefor shall be made tothe comptroller setting forth the details covering the purposes and uses of andfor the fund.  The comptroller, before issuing a state warrant for thatpurpose, shall determine whether or not the business of the agency warrants theestablishment of such a fund, and if the comptroller is satisfied that such afund is necessary, the comptroller shall issue a state warrant to such agencyfor an amount as the comptroller shall determine, not to exceed the sum of$100,000, except that this limitation of $100,000 shall not apply to theUniversity of Hawaii and the stadium authority.

The comptroller may prescribe such rules as thecomptroller may deem necessary for the proper administration and accountabilityof these funds. [L 1941, c 137, §1; am L 1943, c 106, §1; RL 1945, §1567; RL1955, §34-16; am L 1957, c 152, §1; HRS §40-84; am L 1969, c 100, §1; am L1976, c 117, §1; am L 1981, c 70, §1; am L 1988, c 227, §1]