Indiana § 20-41-1-7 - Responsibilities of treasurer
Full text of Indiana Indiana Code § 20-41-1-7 — Responsibilities of treasurer, with citation guidance and answers to common questions.
§ 20-41-1-7. Responsibilities of treasurer
Sec. 7. (a) The treasurer has charge of the custody and disbursement of any funds collected by a collecting authority and expended to pay expenses:
(1) approved by the principal or teacher in charge of the school;
(2) incurred in conducting any athletic, social, or other school function (other than functions conducted solely by any organization of parents and teachers);
(3) that cost more than twenty-five dollars ($25) during the school year; and
(4) that are not paid from public funds.
(b) The principal or teacher in charge of the school shall designate a collecting authority to be in charge of the collection of any funds described in this section. Upon collection of any funds, the collecting authority shall deliver the funds, together with an accounting of the funds, to the custody of the school treasurer. The principal may designate different collecting authorities for each separate account of funds described in this section.
[Pre-2006 Recodification Citation: 20-26-6-4(a).]
As added by P.L.2-2006, SEC.164.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-41-1-7
What does Indiana Code § 20-41-1-7 cover?
Section 20-41-1-7 ("Responsibilities of treasurer") 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 § 20-41-1-7?
A common citation format is "Indiana Code § 20-41-1-7" (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 § 20-41-1-7 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.