Section 13-16-26.2 - Transfer from general fund to capital outlay fund prohibited.
13-16-26.2. Transfer from general fund to capital outlay fund prohibited. Notwithstanding the provisions of § 13-16-26, no school district may transfer any funds, exclusive of federal funds, from the general fund to the capital outlay fund, bond redemption fund or the capital projects fund.
Source: SL 2000, ch 77, § 1; SL 2001, ch 77, § 6.