Indiana Code § 20-35-5-13

Fiscal accountability
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Sec. 13. A special education cooperative may: (1) be attached to a participating school corporation that has responsibility for administrative and financial controls; or (2) establish a separate treasury with separate accounts. If a special education cooperative is not attached to a participating school corporation, it must comply with the state board of accounts' approved forms and rules for fiscal accountability and is subject to audit by the state board of accounts. [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-1-6-20(g).]

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