limitation upon payment for certain purposes. Public funds shall not be expended for the purpose of paying compensation to any faculty member or employee of a state higher educational institution for any period of absence from his assigned duties with such state higher educational institution unless the period of absence: A. is a holiday or vacation period established in the published calendar of the institution; B. comes within the official sick leave or annual leave policies promulgated by the regents of the institution; or C. is approved by a designated administrative authority according to procedures established for this purpose by the regents. History: 1953 Comp., § 73-30-32, enacted by Laws 1971, ch. 228, § 2.