{"data":{"id":"us-nd/n.d.-cent.-code-15.1-07-12","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 15.1-07-12","heading":"Negotiable instruments - Disbursement of moneys by business manager","body":"1.a.The board of a school district may adopt policies governing the disbursement of school district moneys by the business manager.\nb.The policies adopted under subdivision a may include:\n(1)The authorization, creation, and approval of negotiable instruments;\n(2)The use of credit or debit cards;\n(3)The payment of invoices;\n(4)The use of petty cash;\n(5)The use of electronic payments; and\n(6)The use of facsimile signatures.\nc.The policies adopted under subdivision a must include internal controls to safeguard school district moneys.\n2.If the board of a school district has not adopted policies to govern the disbursement of school district moneys by the business manager, the business manager may disburse moneys only by issuance of a negotiable instrument upon presentation of a bill or invoice, the payment of which has been authorized by the president of the school board, and only if there are sufficient moneys available for the disbursement. Upon issuing a negotiable instrument, the business manager shall make a record of the instrument.","path":["Title 15.1 Elementary And Secondary Education","Chapter 15.1-07 School Districts"],"source_url":"https://ndlegis.gov/cencode/t15-1c07.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"ade7720724debfe90ff1e1975c4063c89134d4763d4931d5723c1509ff72cc50","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-15.1-07-11","next":"us-nd/n.d.-cent.-code-15.1-07-13"},"notice":"GroundRules: Original legal text. Not legal advice."}