§ 14225 District Funds Deposit Rule

This law says that any money a school district or community college district gets has to be put into the county treasury that oversees that district, and that county treasury is the official place to hold the district's money.

Key Takeaways

•All money the district gets must go to the county treasury.
•The county is the one whose superintendent of schools has authority over the district.
•That county treasury is the legal place to keep the district's money.

Example

A community college district receives a $50,000 grant from the state.

Because of this law, the grant money must be deposited into the treasury of the county where the district's superintendent works, and that county treasury will be the official holder of the college's funds.

The money received shall be deposited in the county treasury of the county whose superintendent of schools has jurisdiction over the school district or community college district, and such county treasury shall be the legal depository of the district. (Enacted by Stats. 1976, Ch. 1010.)

Key Takeaways

•All money the district gets must go to the county treasury.
•The county is the one whose superintendent of schools has authority over the district.
•That county treasury is the legal place to keep the district's money.

Example

A community college district receives a $50,000 grant from the state.

Key Takeaways

Example

Key Terms

References

§ 14225 District Funds Deposit Rule

Key Takeaways

Example

Key Terms

References

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References