IAABO Refresher Exam 2005 (NFHS Rules):
Question 73: Squad member #45 missed the bus and is not present at the time the squad list and starting lineup must be submitted for team members. During the pregame warmup, the referee counts eleven team members of team A but while checking the book team A has twelve team members listed. Referee informs the coach that the squad member who is not present may not be placed in the book even if he/she will get to the game late. Is the referee correct?
Answer: Yes
Rule Citation: Rule 3, Section 2, Article 1; Rule 4, Section 34, Article 4
Here's a link to the whole mess. Worth a look just for the great memories of Jurassic Referee.
NCAAW Rules