Ind. Code § 20-41-1-2
Accounting as separate funds
Redline — January 1, 2018 → current.View current text →
Current — January 1, 2025
As of January 1, 2018
Sec. 2. Any self-supporting programs maintained by a school corporation, including:
(1) school lunch; and
(2) rental or sale of curricular materials;
may be established as separate funds, separate and apart from the general fund, if no local tax rate is established for the programs.
Sec. 2. Any self-supporting programs maintained by a school corporation, excluding school lunch, may be established as a separate fund, separate and apart from any other school corporation fund, if no local tax rate is established for the programs.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.