IC 20-35-5-13: Fiscal accountability

Sec. 13. A special education cooperative may:

(1) be attached to a participating school corporation that has responsibility for administrative and financial controls; or

(2) establish a separate treasury with separate accounts.

If a special education cooperative is not attached to a participating school corporation, it must comply with the state board of accounts' approved forms and rules for fiscal accountability and is subject to audit by the state board of accounts.