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.
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