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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 15. (a) Money payable to the board must be paid to the board's treasurer. The treasurer's receipt for the money must be filed with the business manager of the board.
(b) The business manager, after receiving the treasurer's receipt, shall issue a quietus. The business manager's quietus alone is sufficient evidence of payment to the board.
(c) Only the treasurer of the board may collect or receive money payable to the board. A payment made to an individual other than the treasurer and a receipt given by an individual other than the treasurer are void as against the board.
Cite this article: FindLaw.com - Indiana Code Title 20. Education § 20-25-3-15 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-20-education/in-code-sect-20-25-3-15/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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