§ 50831 Fund Administration And Payments

• •A group (the board) is in charge of a special pot of money (the fund).
• •The board decides when and how to pay money from this fund.
• •They follow the rules in this chapter to make these payments.

Imagine a school has a special piggy bank for field trips.

The principal and teachers (like the board) decide when to use the money for trips, following the school's rules. They can't just spend it on anything—they have to follow the guidelines.