California CodesBusiness and Professions Code - BPCDivision 2 — Healing ArtsChapter 4 — DentistryArticle 6 — FeesSection 1722

The amount of seven hundred dollars ($700) of the fund shall constitute a revolving fund and may be drawn upon the warrant of the president and secretary of the board without being audited in the usual manner, in cases of emergency or where cash advances are necessary. However, after the sum of seven hundred dollars ($700) has been so expended, no further warrant shall be drawn on the revolving fund until expenditures previously made from it shall be substantiated by vouchers and itemized statements and audited. All expenditures from the revolving fund shall, at the end of each fiscal year, or at any other time when demand therefor is made by the Director of Finance or by the State Controller, be so substantiated and audited unless previously done.

Notes

Establishes a $700 revolving fund that the Dental Board president and secretary may draw without ordinary audit for emergencies or necessary cash advances. After $700 is spent, no further warrant may issue until prior expenditures are supported and audited; all spending must be substantiated and audited by fiscal year-end or earlier on demand by the Finance Director or Controller.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 1722 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-2/chapter-4/article-6/section-1722

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