- (A) Schools shall demonstrate to the Financial Literacy Office the accountability of funds distributed pursuant to this chapter.
- (B) Disbursements may be made only on the written authorization of the individual designated by the school district and only for the purposes specified. A person violating this section is guilty of a misdemeanor and, upon conviction, must be fined five thousand dollars or imprisoned for six months, or both.
- (C) The offenses of misuse, misappropriation, and embezzlement of public funds apply to this chapter.
HISTORY: 2006 Act No. 382, Section 2, eff June 14, 2006.