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.

Section amended

[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