§ 29-1-110 — Expenditures not to exceed appropriation

(1) During the fiscal
year, no officer, employee, or other spending agency shall expend or contract to
expend any money, or incur any liability, or enter into any contract which, by its
terms, involves the expenditures of money in excess of the amounts appropriated.
Any contract, verbal or written, made in violation of this section shall be void, and
no moneys belonging to a local government shall be paid on such contract.

(2) Multiple-year contracts may be entered into where allowed by law or if
subject to annual appropriation.

Legislative History

Source: L. 90: Entire part R&RE, p. 1434, � 1, effective January 1, 1991.