1. (a) Except as provided in subsection (b), a payment made from money of the board must be made in accordance with budget appropriations.

2. (b) If a payment is from a fund of the board that is not subject to budgeting and appropriation but has been transferred to the board for specific purposes, the payment must be made:

   1. (1) in accordance with the terms of the fund being drawn upon that are made available to the board; and
   2. (2) after the superintendent has approved the proposed payment.
3. (c) Not later than thirty (30) days after a payment under subsection

4. (b) is made from a fund of the board, the superintendent shall report the payment to the board for approval.

   [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-3-11-9.]

As added by P.L.1-2005, SEC.9. Amended by P.L.244-2017, SEC.32.