US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

20-48-1-1. Powers; Conditions and Issuance of Bonds; Improvement of Real Estate

Sec. 1. (a) As used in this section, “improvement of real estate” includes: (1) construction, reconstruction, remodeling, alteration, or repair of buildings or additions to buildings; (2) equipment related to activities specified in subdivision (1); and (3) auxiliary facilities related to activities specified in subdivision (1), including facilities for: (A) furnishing water, gas, and electricity; […]

20-48-1-1. Powers; Conditions and Issuance of Bonds; Improvement of Real Estate

Sec. 1. (a) As used in this section, “improvement of real estate” includes: (1) construction, reconstruction, remodeling, alteration, or repair of buildings or additions to buildings; (2) equipment related to activities specified in subdivision (1); and (3) auxiliary facilities related to activities specified in subdivision (1), including facilities for: (A) furnishing water, gas, and electricity; […]

20-48-1-10. Temporary Transfers Among Funds

Sec. 10. Temporary transfers of funds by a school corporation may be made as authorized under IC 36-1-8-4. [Pre-2006 Recodification Citation: 21-2-21-9.] As added by P.L.2-2006, SEC.171.

20-48-1-10. Temporary Transfers Among Funds

Sec. 10. Temporary transfers of funds by a school corporation may be made as authorized under IC 36-1-8-4. [Pre-2006 Recodification Citation: 21-2-21-9.] As added by P.L.2-2006, SEC.171.

20-48-1-11. Annual Review of Obligations; Department of Local Government Finance; Increase in Levy to Pay Obligations; Intercept of State Distributions to Pay Obligations

Sec. 11. (a) As used in this section, “debt service obligations” refers to the principal and interest payable: (1) on a school corporation’s general obligation bonds and lease rentals under IC 20-47-2 and IC 20-47-3; or (2) to a school corporation’s designated paying agent under a written agreement entered into in connection with the issuance […]

20-48-1-11. Annual Review of Obligations; Department of Local Government Finance; Increase in Levy to Pay Obligations; Intercept of State Distributions to Pay Obligations

Sec. 11. (a) As used in this section, “debt service obligations” refers to the principal and interest payable: (1) on a school corporation’s general obligation bonds and lease rentals under IC 20-47-2 and IC 20-47-3; or (2) to a school corporation’s designated paying agent under a written agreement entered into in connection with the issuance […]

20-48-1-13. Sale of Certain Refunding Bonds

Sec. 13. A school corporation may: (1) issue bonds to refund bonds or other obligations that were issued or entered into by a school corporation before that school corporation completed a consolidation or merger under IC 20-23 or any other law; and (2) sell the bonds at a negotiated, private sale to the Indiana bond […]

20-48-1-13. Sale of Certain Refunding Bonds

Sec. 13. A school corporation may: (1) issue bonds to refund bonds or other obligations that were issued or entered into by a school corporation before that school corporation completed a consolidation or merger under IC 20-23 or any other law; and (2) sell the bonds at a negotiated, private sale to the Indiana bond […]

20-48-1-2. Powers; Issuance of Bonds; Retirement or Severance Liability

Sec. 2. (a) As used in this section, “retirement or severance liability” means the payments anticipated to be required to be made to employees of a school corporation upon or after termination of the employment of the employees by the school corporation under an existing or previous employment agreement. (b) This section applies to each […]

20-48-1-2. Powers; Issuance of Bonds; Retirement or Severance Liability

Sec. 2. (a) As used in this section, “retirement or severance liability” means the payments anticipated to be required to be made to employees of a school corporation upon or after termination of the employment of the employees by the school corporation under an existing or previous employment agreement. (b) This section applies to each […]

20-48-1-3. Payment Schedule; Maximum Term; Designee of Paying Agent

Sec. 3. (a) Bonds authorized by this article and IC 20-26-1 through IC 20-26-5 must be payable in the amounts and at the times and places determined by the governing body. (b) Bonds issued for the funding of judgments or for the purchase of school buses shall mature not more than five (5) years from […]

20-48-1-3. Payment Schedule; Maximum Term; Designee of Paying Agent

Sec. 3. (a) Bonds authorized by this article and IC 20-26-1 through IC 20-26-5 must be payable in the amounts and at the times and places determined by the governing body. (b) Bonds issued for the funding of judgments or for the purchase of school buses shall mature not more than five (5) years from […]

20-48-1-5. Signatures; Issuing Party

Sec. 5. (a) Bonds shall be executed in the name and on behalf of the school corporation by the president and secretary of the governing body. One (1) of the signatures may be by facsimile imprinted on a bond instrument, but at least one (1) of the signatures shall be manually affixed. The secretary of […]

20-48-1-5. Signatures; Issuing Party

Sec. 5. (a) Bonds shall be executed in the name and on behalf of the school corporation by the president and secretary of the governing body. One (1) of the signatures may be by facsimile imprinted on a bond instrument, but at least one (1) of the signatures shall be manually affixed. The secretary of […]