Current through Register Vol. XLI, No. 50, December 13, 2024
Section 155-4-4 - Penalty Fee Structure4.1. The Auditor may assess a penalty fee for transactions received for payment when those transactions are authorized to be paid by the state purchasing card and the spending unit did not utilize the state purchasing card. The Auditor shall make provisions for certain purchases, such as emergency purchases or purchases made where the card could not be utilized or other circumstances as determined by the Auditor, to be made without penalty when the card was not used.4.2. Beginning June 1, 2004, the Auditor may assess a penalty fee of $2.00 per transaction.