Indiana Code 20-41-1-5 v2. Requirement of treasurer
Sec. 5. (a) A public school must have a treasurer for purposes of this chapter. The treasurer must be:
Terms Used In Indiana Code 20-41-1-5 v2
- Clerk: means the clerk of the court or a person authorized to perform the clerk's duties. See Indiana Code 1-1-4-5
- 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.
- treasurer: includes an assistant treasurer or a deputy treasurer. See Indiana Code 20-41-1-1
(2) a clerk of the school corporation; or
(3) a member of the faculty appointed by the superintendent or principal.
This designation must be made immediately upon the opening of the school term or the vacating of the office of treasurer. Claims shall be filed and paid under sections 7 and 8 of this chapter. The employing or appointing officials of a school may appoint and engage a school treasurer or clerk.
(b) A school corporation may appoint one (1) or more assistant or deputy treasurers.
(c) Except as provided in IC 5-11, a treasurer is not personally liable for an act or omission occurring in connection with the performance of the duties set forth in this chapter, unless the act or omission constitutes gross negligence or an intentional disregard of the treasurer’s duties.
[Pre-2006 Recodification Citations: subsection (a) formerly 20-26-6-3; subsection (c) formerly 20-26-6-4(e).]
As added by P.L.2-2006, SEC.164. Amended by P.L.58-2023, SEC.8.