§ 62573 Fund Investment Increment Handling

• •Any extra money made from investing or saving money under Section 62572 must go back into the fund.
• •The Treasurer can take out a small amount from this money to cover the costs of managing it, or they can send a bill to the secretary to pay these costs.
• •The secretary can use this extra money in ways allowed by Section 62574.

Imagine you have a piggy bank for your school club. If you put some of the club's money in the bank and earn extra money from interest, that extra money must go back into the piggy bank.

The law says that any extra money made from investing or saving must go back into the fund. The person in charge can take a little bit out to cover their work costs, or ask the secretary to pay these costs.