California Government Code

§ 53952

GOV § 53952 Effective Jan 1, 2012Div. 2 · Title 5 · Part 1 · Ch. 4 · Art. 15

Statute text

(a)The governing board of a special district may, by resolution, provide for the establishment of a revolving fund in an amount not to exceed one thousand dollars ($1,000) to be used to make change and pay small bills directly. The resolution which establishes the district revolving fund shall designate all of the following:

(1)The purposes for which the fund may be expended.

(2)The officer of the district who shall have authority to make disbursements from the fund and be responsible for keeping account of all receipts and disbursements from the fund.

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Legislative history

Amended by Stats. 2011, Ch. 66, Sec. 1. (SB 288) Effective January 1, 2012.