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§ 20-40-10-3 — Indiana Law | CourtGPT
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  4. Title 20 - Education/
  5. Article 40 - Government Funds and Accounts/
  6. Chapter 10 - Levy Excess Fund20-40-10-1. "Fund"/
  7. § 20-40-10-3
Indiana Legal Code

§ 20-40-10-3

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The chief fiscal officer of a school corporation may invest money in the school corporation's fund in the same manner in which money in the school corporation's education fund or operations fund may be invested. However, any income derived from investment of the money shall be deposited in and becomes a part of the fund.[Pre-2006 Recodification Citation: 6-1.1-19-1.7(c).]As added by P.L.2-2006, SEC.163. Amended by P.L.238-2019, SEC.11.