The net proceeds from the investment become a part of the operations fund.(b) Any balance, or a part of the balance, remaining in the operations fund at the end of a year may be:(1) retained in the operations fund; or(2) transferred to the school corporation's rainy day fund.As added by P.L.244-2017, SEC.86. Amended by P.L.140-2018, SEC.15.
Indiana Legal Code