Indiana § 20-41-1-8 - Treasurer; duties; accurate accounts; reports
Full text of Indiana Indiana Code § 20-41-1-8 — Treasurer; duties; accurate accounts; reports, with citation guidance and answers to common questions.
§ 20-41-1-8. Treasurer; duties; accurate accounts; reports
Sec. 8. (a) The treasurer shall keep an accurate account of all money received by the collecting authority and expended, showing:
(1) the sources of all receipts;
(2) the purposes for which the money was expended; and
(3) the balance on hand.
A copy of the report, together with all records and files of extracurricular activities, shall be filed as required under section 3 of this chapter.
(b) However, in a school that has two (2) or more semesters in any one (1) school year, the treasurer of the school shall file a copy of the treasurer's financial report of receipts and disbursements with the township trustee, board of school trustees, or board of school commissioners not more than two (2) weeks after the close of each semester. Records and files of extracurricular activities for the entire school year shall be filed with the last financial semester report of any one (1) school year.
(c) A copy of the report shall be filed with and kept by the city superintendent having jurisdiction and the county superintendent where the superintendent has jurisdiction.
(d) The records under this section shall be kept for five (5) years, after which they may be destroyed.
[Pre-2006 Recodification Citations: subsection (a) formerly 20-26-6-4(b); subsection (b) formerly 20-26-6-4(c); subsection (c) formerly 20-26-6-4(d) part; subsection (d) formerly 20-26-6-4(d) part.]
As added by P.L.2-2006, SEC.164.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-41-1-8
What does Indiana Code § 20-41-1-8 cover?
Section 20-41-1-8 ("Treasurer; duties; accurate accounts; reports") 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 § 20-41-1-8?
A common citation format is "Indiana Code § 20-41-1-8" (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 § 20-41-1-8 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.