72-5165. Same; contingency reserve fund; use.
54 words·~1 min read·
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72-5165. Same; contingency reserve fund; use. There is hereby established in every school district a contingency reserve fund, which shall consist of all moneys deposited therein or transferred thereto according to law. The fund shall be maintained for payment of expenses of a school district attributable to financial contingencies as determined by the board.