2.2-4802 - Responsibility for accounts receivable policy; reports. - Virginia Statutes

§ 2.2-4802. Responsibility for accounts receivable policy; reports.

The Department of Accounts shall be the primary state agency responsible forthe oversight, reporting and monitoring of the Commonwealth's accountsreceivable program.

The Department of Accounts shall adopt necessary policies and procedures forreporting, accounting for, and collecting the Commonwealth's accountsreceivable. The Department of Accounts is also charged with adoptingregulations concerning guidelines and procedures for writing off accountsreceivable.

(1988, c. 544, § 2.1-728; 2001, c. 844.)