R 168.376
R 168.376 Petty cash fund.
Cite as Mich. Admin. Code R 168.376
Rule 26. (1) A committee treasurer may establish a petty cash fund.
(2) A petty cash fund must be established only from funds withdrawn from a committee
account.
(3) A single expenditure from a petty cash fund must not exceed $50.00.
(4) A person making payments from a petty cash fund shall maintain records of the
amount and purpose of each expenditure and deliver the records to the committee treasurer.
(5) The treasurer shall include records of petty cash expenditures in regular campaign
reporting.