IC 20-40-12-6: Transfers to fund

Sec. 6. Subject to the approval of the commissioner of insurance, the governing body of the school corporation may:

(1) transfer to the fund an amount of money in the education fund or operations fund budget in accordance with the categories of expenditures established under IC 20-42.5-3;

(2) transfer money from the education fund or operations fund in accordance with the categories of expenditures established under IC 20-42.5-3 to the fund;

(3) appropriate money from the education fund or operations fund in accordance with the categories of expenditures established under IC 20-42.5-3 for the fund; or

(4) transfer money from the operations fund to the fund, to the extent that money in the operations fund may be used for property or casualty insurance.