49-2-204 - Debts.

49-2-204. Debts.

Any member of the board who votes to create debts beyond the legitimate income provided in the school budget for any school year or in any way misappropriates or misuses school funds commits a Class A misdemeanor and shall forfeit office.

[Acts 1925, ch. 115, § 6; Shan. Supp., § 1487a40; Code 1932, § 2329; Acts 1974, ch. 654, § 23; T.C.A. (orig. ed.), § 49-216; Acts 1989, ch. 591, § 111.]