Section 20-40-12-6 - Transfers to fund Subject to the approval of the commissioner of insurance, the governing body of the school corporation may:
(1) transfer to the fund an amount of money in the education fund or operations fund budget in accordance with the categories of expenditures established under IC 20-42.5-3;(2) transfer money from the education fund or operations fund in accordance with the categories of expenditures established under IC 20-42.5-3 to the fund;(3) appropriate money from the education fund or operations fund in accordance with the categories of expenditures established under IC 20-42.5-3 for the fund; or(4) transfer money from the operations fund to the fund, to the extent that money in the operations fund may be used for property or casualty insurance.Pre-2006 Recodification Citation: 21-2-5.6-3.
Amended by P.L. 238-2019,SEC. 12, eff. 1/1/2019.As added by P.L. 2-2006, SEC.163. Amended by P.L. 146-2008, SEC.479.