The state board of regents, with the approval of the director of the department of management, shall establish a uniform budgeting and accounting system for the institutions of higher education under its control, and shall require each of the institutions of higher education to operate under the uniform system.

[C71, 73, 75, 77, 79, 81, §8.29] 92 Acts, ch 1246, §23; 2001 Acts, 2nd Ex, ch 2, §7, 13; 2024 Acts, ch 1185, §15