Fla. Admin. Code Ann. R. 63J-1.003 - Disposition of Funds

The DSO's board of directors shall provide for the receipt, deposit and withdrawal of all funds consistent with the following provisions:

(1) Depository withdrawals shall be on numerically controlled checks signed by two (2) persons authorized by the board.
(2) All funds received from all sources shall be deposited intact in a designated depository as soon as practicable and a record shall be kept to identify the payer, the amount, and the purpose. Funds received from federal sources shall be accounted for separately, but may be deposited in a bank account with other corporate funds except when the terms of such receipt require a separate depository account.

Notes

Fla. Admin. Code Ann. R. 63J-1.003

Specific Authority 985.672(4)(c), 985.64 FS. Law Implemented 985.672 FS.

New 5-17-07.

New 5-17-07.

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