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Statutes Text

Article - Education


    (a)    (1)    The State Board may accept for the State:

            (i)    Any appropriation of money for educational purposes and subsidized or free feeding programs for the public schools that is made out of the federal treasury by an act of Congress; and

            (ii)    Any additional funds directed to the State Board by an act of Congress or federal regulation.

        (2)    The State Board is the educational authority for the expenditure and administration of these funds.

    (b)    (1)    All of these funds received by the State shall be received into the State Treasury.

        (2)    On warrant of the State Comptroller, the State Treasurer may:

            (i)    Receive and provide for the proper custody of these funds; and

            (ii)    Make disbursements on the order of the State Board according to the procedure established for the State Treasurer.