{"data":{"id":"us-in/ic-20-40-2-4","jurisdiction":"us-in","citation":"IC 20-40-2-4","heading":"Education fund; permissible uses","body":"Sec. 4. Except as provided in IC 36-1-8-5.1 (school corporation rainy day fund), the education fund of the school corporation or, if applicable, a charter school, shall be used only to pay for expenses:\n(1) allocated to student instruction and learning under IC 20-42.5; and\n(2) related to the cost of providing curricular materials.\nThe fund may not be used to pay directly any expenses that are not allocated to student instruction and learning under IC 20-42.5, are not expenses related to the cost of providing curricular materials, or expenses permitted to be paid from the school corporation's or charter school's operations fund.","path":["TITLE 20. EDUCATION","ARTICLE 40. GOVERNMENT FUNDS AND ACCOUNTS","Chapter 2. Education Fund"],"source_url":"https://iga.in.gov/ic/2026/Title_20.html#20-40-2-4","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-01T01:34:30Z","sha256":"6d29028a93895b0e9f63ee379af4e98978fd72d2259d03be9c034317a1b81e9a","source_id":"us-in","stale":false,"prev":"us-in/ic-20-40-2-3","next":"us-in/ic-20-40-2-5"},"notice":"GroundRules: Original legal text. Not legal advice."}