A special education cooperative may:(1) be attached to a participating school corporation that has responsibility for administrative and financial controls; or(2) establish a separate treasury with separate accounts.If a special education cooperative is not attached to a participating school corporation, it must comply with the state board of accounts' approved forms and rules for fiscal accountability and is subject to audit by the state board of accounts.[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-1-6-20(g).]As added by P.L.1-2005, SEC.19.
Indiana Legal Code