1. To transfer the custody of a Petty Cash Fund from a designated Custodian to another employee, the department completes a Change of Custodian Form and sends it to Business & Financial Services.
    1. The form documents:
      • The department head’s approval of the change of Custodian.
      • The new Custodian is aware of his or her specific responsibilities related to custody of the Fund.
      • The total cash and receipt equal the specified amount of the Fund.
    2. Prior to a Custodian leaving a position or leaving the University, a new Custodian should be designated by processing the Change of Custodian Form.
  2. Prior to a Custodian leaving a position or leaving the University, a new Custodian should be designated by processing the Change of Custodian Form.