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Michigan Regulations § R. 169.38 Petty cash fund

⤴ Up to Part 3: Reports, Contributions, And Expenditures

Regulation Text

Rule 38.
(1) A committee treasurer may establish a petty cash fund.
(2) A petty cash fund shall be established only from funds withdrawn from a committee account.
(3) A person making payments from a petty cash fund shall maintain records of the amount and purpose of each expenditure and shall deliver the records to the committee treasurer.

History

1979 AC; 1982 AACS

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