(A) Whenever, during the current fiscal year, it becomes apparent to the Board of Trustees that due to unforeseen emergencies there is temporarily insufficient money in a particular fund to meet the requirements of the adopted budget of expenditures for that fund, the Board may by a majority vote, unless otherwise provided by state law, transfer money from other funds to such fund.
(B) No expenditure during any fiscal year shall be made in excess of the amounts indicated in the adopted budget statement, except as authorized herein or by state law.
(C) Any officer or officers of the Board who obligate funds contrary to the provisions of this section shall be guilty of an offense.
(Neb. RS 13-510) (1995 Code, § 1-822) Penalty, see § 10.99