All cash received must be deposited. Personal checks are never to be cashed from money received. Oregon Institute of Technology requires more frequent deposits if there is not a secure place for holding funds. All money received in the Cashier's Office from departments, by mail or in person, must be deposited to the U.S. Bank the working day after being processed. If the office does not have a secure place to hold the cash, the deposit must be made daily.
Personal checks are never to be cashed from money received.
Deposit slips are provided by the Business Office and must be filled out by the department and validated by the bank. The pink copy of the bank deposit slip then is to be forwarded to the Cashier's Office along with a cash receipt for credit to the appropriate account. ORS 351 Stats. Any discrepancies with the published version are satisfied in favor of the Administrative Order. The Oregon Administrative Rules and the Oregon Bulletin are copyrighted by the Oregon Secretary of State.