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Home » US Law » 2022 Indiana Code » Title 20. Education » Article 49. State Management of Common School Funds; State Advances and Loans » Chapter 4. Advancement From Common School Fund; Buildings; Technology Programs

20-49-4-17. Statutory Construction; Advance Not Treated as Debt of School Corporation

Sec. 17. An advance is not an obligation of the school corporation within the meaning of the limitation on or prohibition against indebtedness under the Constitution of the State of Indiana. Nothing in this chapter relieves the governing body of a school corporation receiving an advance of any obligation under Indiana law to qualify the […]

20-49-4-17. Statutory Construction; Advance Not Treated as Debt of School Corporation

Sec. 17. An advance is not an obligation of the school corporation within the meaning of the limitation on or prohibition against indebtedness under the Constitution of the State of Indiana. Nothing in this chapter relieves the governing body of a school corporation receiving an advance of any obligation under Indiana law to qualify the […]

20-49-4-18. Repayment of Advance; Terms; State Tuition Support

Sec. 18. To ensure timely payment of advances according to the terms, the state may in its sole discretion withhold from funds due to school corporations to which advances are made amounts necessary to pay the advances and the interest on the advances in accordance with their respective terms. The terms of the advances shall […]

20-49-4-18. Repayment of Advance; Terms; State Tuition Support

Sec. 18. To ensure timely payment of advances according to the terms, the state may in its sole discretion withhold from funds due to school corporations to which advances are made amounts necessary to pay the advances and the interest on the advances in accordance with their respective terms. The terms of the advances shall […]

20-49-4-20. Statutory Construction; Advance Not Treated as Debt of State

Sec. 20. An agreement with the state board or state board of finance under section 23 of this chapter to collect and pay over amounts deducted from state tuition support for the benefit of another party is not a debt of the state within the meaning of the limitation on or prohibition against state indebtedness […]

20-49-4-20. Statutory Construction; Advance Not Treated as Debt of State

Sec. 20. An agreement with the state board or state board of finance under section 23 of this chapter to collect and pay over amounts deducted from state tuition support for the benefit of another party is not a debt of the state within the meaning of the limitation on or prohibition against state indebtedness […]

20-49-4-3. “Advance”

Sec. 3. As used in this chapter, “advance” means an advance under this chapter from the fund. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.172.

20-49-4-3. “Advance”

Sec. 3. As used in this chapter, “advance” means an advance under this chapter from the fund. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.172.

20-49-4-4. “Disaster”

Sec. 4. As used in this chapter, “disaster” refers to loss by: (1) fire; (2) wind; (3) cyclone; or (4) other disaster; of all or a major part of a school building or school buildings. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.172.

20-49-4-4. “Disaster”

Sec. 4. As used in this chapter, “disaster” refers to loss by: (1) fire; (2) wind; (3) cyclone; or (4) other disaster; of all or a major part of a school building or school buildings. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.172.