Ind. Code § 20-40-6-5
Note: This version of section effective until 1-1-2019. See also following repeal of this chapter, effective 1-1-2019.
(b) Contracted transportation service costs transferred to the school bus replacement fund under IC 20-40-7 are payable from the school bus replacement fund.
[Pre-2006 Recodification Citations: subsection (a) formerly 21-2-11.5-2(a) part; 21-2-11-4(a) part; subsection (b) formerly 21-2-11-4(a) part; subsection (c) formerly 21-2-11.5-2(b)(2) part.]
Sec. 5. (a) Subject to this chapter and except as provided in IC 20-40-2-4 (b), the fund is the exclusive fund to be used by a school corporation for the payment of costs attributable to transportation.
As added by P.L.2-2006, SEC.163. Amended by P.L.234-2007, SEC.229; P.L.145-2012, SEC.25.