Transfer and use of funds restricted; offenses
Sec. 8. (a) A person who approves the transfer of funds to any
person not qualified under this chapter for that transfer, or approves
a transfer for a purpose not permitted under this chapter, commits a
Class D felony.
(b) A person who receives a transfer of funds under this chapter
and knowingly uses the funds for any purpose other than a proposal
approved by the board commits a Class D felony.
As added by Acts 1980, P.L.64, SEC.1.
Last modified: May 28, 2006