19-267.   Same; maintenance in cash; number of funds authorized;instructions, reconciling entries; withdrawal of authority.Petty cash funds authorized under this act may be maintained in cash andshall not be required to be maintained in a bank. The board of countycommissioners may authorize as many petty cash funds in any county officeas it deems appropriate upon application therefor. The board of countycommissioners may from time to time issue instructions relating to theoperation of petty cash funds and accounting for expenditures therefrom.The board of county commissioners may authorize a reconciling entry of notto exceed twenty-five dollars ($25) in any reconciliation statement. Theboard of county commissioners may withdraw authority to maintain any pettycash fund which it has theretofore authorized, and upon withdrawal of suchauthority, such petty cash fund shall immediately be terminated and shallnot be reopened except upon subsequent authorization by the board of countycommissioners.

      History:   L. 1970, ch. 101, § 4; July 1.