§302A-1305 - Inactive student activity accounts.
[§302A-1305] Inactive student activity
accounts. Student activity funds that are left in the school for a period
of five years after the graduation of the class shall be deposited into the
nonappropriated local school fund account unless the graduating class donates,
in writing, the funds to the school within the five-year period. [L 1996, c 89,
pt of §2]