1997 Minnesota Code
Chapters 120 - 129B Education Code: Prekindergarten - Grade 12
Chapter 121 State Administration; Interstate Compact
Section 121.9121 Exceptions for permanent fund transfers.
121.9121 Exceptions for permanent fund transfers.
Subdivision 1. Commissioner's authorization. The commissioner may authorize a board to transfer money from any fund or account other than the debt redemption fund to another fund or account according to this section.
Subd. 2. Application. A board requesting authority to transfer money shall apply to the commissioner and provide information requested. The application shall indicate the law or rule prohibiting the desired transfer. It shall be signed by the superintendent and approved by the school board.
Subd. 3. Repealed, 1993 c 224 art 12 s 32; 1993 c 374 s 22
Subd. 4. Approval standard. The commissioner may approve a request only when an event has occurred in a district that could not have been foreseen by the district. The event shall relate directly to the fund or account involved and to the amount to be transferred.
Subd. 5. Repealed, 1993 c 224 art 12 s 32; 1993 c 374 s 32
Subd. 6. Repealed, 1989 c 329 art 9 s 34
Subd. 7. Repealed, 1988 c 718 art 7 s 65
HIST: 1Sp1985 c 12 art 7 s 8; 1987 c 143 s 1; 1993 c 224 art 13 s 7-9
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