Note: This version of section effective 1-1-2025. See also preceding version of this section, effective until 1-1-2025.Sec. 4. Except as provided in IC 36-1-8-5.1 (school corporation rainy day fund), the education fund of the school corporation or, if applicable, a charter school, shall be used only to pay for expenses:(1) allocated to student instruction and learning under IC 20-42.5; and(2) related to the cost of providing curricular materials.The fund may not be used to pay directly any expenses that are not allocated to student instruction and learning under IC 20-42.5, are not expenses related to the cost of providing curricular materials, or expenses permitted to be paid from the school corporation's or charter school's operations fund.[Pre-2006 Recodification Citation: 21-2-11-4(a) part.]As added by P.L.2-2006, SEC.163. Amended by P.L.145-2012, SEC.24; P.L.257-2013, SEC.36; P.L.244-2017, SEC.69; P.L.140-2018, SEC.12; P.L.201-2023, SEC.182; P.L.136-2024, SEC.45.
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