Subject to the approval of the commissioner of insurance, the governing body of the school corporation may:

1. (1) transfer to the fund an amount of money in the general fund budget;
2. (2) transfer money from the general fund to the fund;
3. (3) appropriate money from the general fund for the fund; or

4. (4) transfer money from the capital projects fund to the fund, to the extent that money in the capital projects fund may be used for property or casualty insurance.

   [Pre-2006 Recodification Citation: 21-2-5.6-3.]

As added by P.L.2-2006, SEC.163. Amended by P.L.146-2008, SEC.479.