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Minnesota Legislature

Office of the Revisor of Statutes

Key: (1) language to be deleted (2) new language

                             CHAPTER 15-H.F.No. 362 
                  An act relating to local government; towns; 
                  authorizing the town board to set up a petty cash 
                  fund; amending Minnesota Statutes 1994, section 
                  366.01, by adding a subdivision. 
           Section 1.  Minnesota Statutes 1994, section 366.01, is 
        amended by adding a subdivision to read: 
           Subd. 12.  [IMPREST FUND.] The town board may establish an 
        imprest fund for the payment in cash of any proper claim against 
        the town which it is impractical to pay in any other manner, 
        except that no claim for salary or personal expenses of an 
        officer or employee shall be paid from the fund.  The town board 
        shall appoint a custodian of the fund who shall be responsible 
        for its safekeeping and disbursement according to law.  Money 
        for the operation of the fund shall be secured by a transfer 
        from the general fund.  A claim itemizing all the various 
        demands for which disbursements have been made from the fund 
        shall be presented to the town board at the next town board 
        meeting after the disbursements have been made.  The town board 
        shall act upon it as in the case of other claims and an order 
        shall be issued to the custodian for the amount allowed.  The 
        custodian shall use the proceeds of the order to replenish the 
        fund; and if the town board fails to approve the claim in full 
        for any sufficient reason, the custodian shall be personally 
        responsible for the difference. 
           Presented to the governor March 21, 1995 
           Signed by the governor March 22, 1995, 11:14 a.m.