Indiana Code 20-40-18-3. Appropriations required
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Terms Used In Indiana Code 20-40-18-3
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Sec. 3. Expenditures from the operations fund may be made only after appropriation in the school corporation‘s annual budget or by an additional appropriation under IC 6-1.1-18-5.
As added by P.L.244-2017, SEC.86.