Terminating

When I had a corporate card in my name, it was my responsibility to pay the bills. Wasn't this explained to you when the company gave you the card? I am the one that was called if the payments were not on time. Not sure this really answers you question, but I think it is your responsiblity. You probably should tell them.

I do know that it is my responsibility to pay, and I have been doing that. The problem is that the full balance on the card is due every 60 days, and there is no way I will be able to meet the full balance in 60 days. Since, I will not be paying the full balance, I know they will eventually contact the company. I will attempt to make payment arrangements with USBank, I just wanted to make sure that I had not broken any laws, and that my company could not press any charges or anything like that.

You need to own up to your responsbility and tell the company what you did before you leave. That way if they are going to let you make payment arrangements they will know about it before it goes deliquent. I would bet that the card will be closed after you leave.

You can do company expenses using a corporate credit card. Personal expenses cannot be tucked into it. If you do so, company should be informed about it so that some limit is set aside for you. You need to talk to the company before unforeseen conditions prevail later.

Agreed, you need to tell them before they find out on their own and wonder why you did not say anything. Maybe they can pay it and let you make payments to them?