§ 159-32. Daily deposits. - North Carolina Statutes

§ 159‑32.  Dailydeposits.

Except as otherwise provided by law, all taxes and other moneyscollected or received by an officer or employee of a local government or publicauthority shall be deposited in accordance with this section. Each officer andemployee of a local government or public authority whose duty it is to collector receive any taxes or other moneys shall deposit his collections and receiptsdaily. If the  governing board gives its approval, deposits shall be requiredonly when the moneys on hand amount to as much as two hundred fifty dollars($250.00), but in any event a deposit shall be made on the last business day ofthe month. All deposits shall be made with the finance officer or in anofficial depository. Deposits in an official depository shall be immediatelyreported to the finance officer by means of a duplicate deposit ticket. Thefinance officer may at any time audit the accounts of any officer or employeecollecting or receiving taxes or other moneys, and may prescribe the form and detailof these accounts. The accounts of such an officer or employee shall be auditedat least annually. (1927, c. 146, s.19; 1929, c. 37; 1939, c. 134; 1955, cc. 698, 724; 1971, c. 780, s. 1; 1973, c.474, s. 27.)