Indiana § 20-40-18-11 - Transfers to education fund
Full text of Indiana Indiana Code § 20-40-18-11 — Transfers to education fund, with citation guidance and answers to common questions.
§ 20-40-18-11. Transfers to education fund
Sec. 11. (a) Only after the transfer is authorized by the governing body in a public meeting with public notice, money in the operations fund may be transferred to the education fund to cover expenditures that are allocated to student instruction and learning under IC 20-42.5. The amount transferred from the operations fund to the education fund shall be reported by the school corporation or, if applicable, charter school, to the department. The transfers made during the:
(1) first six (6) months of each state fiscal year shall be reported before January 31 of the following year; and
(2) last six (6) months of each state fiscal year shall be reported before July 31 of that year.
(b) The report must include a description of each purpose for which a transfer was made and the amount of the transfer that corresponded to each purpose.
(c) The department must post the report submitted under subsection (a) on the department's website.
As added by P.L.244-2017, SEC.86. Amended by P.L.201-2023, SEC.188.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-40-18-11
What does Indiana Code § 20-40-18-11 cover?
Section 20-40-18-11 ("Transfers to education fund") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 20-40-18-11?
A common citation format is "Indiana Code § 20-40-18-11" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 20-40-18-11 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.