The Florida Senate

240.363  Financial accounting and expenditures.--All funds accruing to the benefit of a community college shall be received, accounted for, and expended in accordance with rules of the State Board of Community Colleges, except that each community college board of trustees may adopt policies that provide procedures for transferring private contributions to the community college to the direct-support organization of the community college for administration by such organization.

History.--s. 17, ch. 65-239; s. 16, ch. 68-5; s. 70, ch. 72-221; s. 60, ch. 79-222; s. 35, ch. 83-326; ss. 13, 31, ch. 89-381.

Note.--Former ss. 230.0118, 230.768.