Money in the fund may be used for any lawful school expenses, including making a transfer to the school corporation's education fund ( IC 20-40-2 ) or operations fund ( IC 20-40-18 ).

[Pre-2006 Recodification Citation: 21-2-11.6-3(c) part.]

As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.75; P.L.154-2020, SEC.40; P.L.189-2023, SEC.28; P.L.68-2025, SEC.211.