(a) (1) State agencies operating under this subchapter may establish petty cash accounts, subject to approval by the Chief Fiscal Officer of the State. (2) Only minor expenditures or emergency purchases shall be made from petty cash accounts authorized by this subsection.
(1) State agencies operating under this subchapter may establish petty cash accounts, subject to approval by the Chief Fiscal Officer of the State.
(2) Only minor expenditures or emergency purchases shall be made from petty cash accounts authorized by this subsection.
(b) State-supported institutions of higher education and other agencies that can demonstrate the need for large petty cash accounts during brief periods of time, such as student registration periods, are authorized short-term petty cash accounts.