(1) The board of education of a joint district shall determine the location of its administrative headquarters and shall notify both the state board and the treasurer of each county in which any territory of such joint district is situated of such location.
Allocation of moneys in the county public school fund to a joint district partiallysituated in a county shall be made on the basis set forth in section 22-54-113.
All moneys collected under this article by the county treasurer of a county in whichpart of a joint district is situated shall be credited to such joint district and at the end of each month shall be paid over to the treasurer of the county in which the administrative headquarters of such joint district is located and forthwith credited or paid over to the general fund of such joint district. The treasurer of the county in which the administrative headquarters of the joint district is located shall make no charge for collection of moneys transferred from other counties. Warrants of a joint district shall be drawn only upon the treasurer of the county in which its administrative headquarters is located in those cases where a district has not elected under law to withdraw its funds from the custody of the county treasurer.
Source: L. 94: Entire article added with relocations, p. 803, § 2, effective April 27.
Editor's note: This section is similar to former § 22-53-125 as it existed prior to 1994.