Sec. 1. This chapter applies to the following: (1) A charter school that does not receive a pro rata share of local property tax revenue. (2) An innovation network school located in a school city, as defined in IC 20-25-2-12, that existed on January 1, 2015, that does not receive a pro rata share of […]
Sec. 1. This chapter applies to the following: (1) A charter school that does not receive a pro rata share of local property tax revenue. (2) An innovation network school located in a school city, as defined in IC 20-25-2-12, that existed on January 1, 2015, that does not receive a pro rata share of […]
Sec. 10. The following apply to an advance under this chapter: (1) Interest shall be charged at the rate of one percent (1%) per annum. (2) The outstanding advance amount at any one (1) time for a particular school may not exceed five million dollars ($5,000,000). (3) The term of the advance may not exceed […]
Sec. 10. The following apply to an advance under this chapter: (1) Interest shall be charged at the rate of one percent (1%) per annum. (2) The outstanding advance amount at any one (1) time for a particular school may not exceed five million dollars ($5,000,000). (3) The term of the advance may not exceed […]
Sec. 11. To ensure timely payment of an advance according to the terms of the advance, the state board may withhold from funds due to the charter school to which the advance is made in the amount necessary to pay the advance. As added by P.L.213-2015, SEC.232.
Sec. 11. To ensure timely payment of an advance according to the terms of the advance, the state board may withhold from funds due to the charter school to which the advance is made in the amount necessary to pay the advance. As added by P.L.213-2015, SEC.232.
Sec. 12. If the state board withholds funds under this chapter, the state board first shall withhold funds from the distribution of state tuition support to the school to which the advance is made. If the state tuition support distribution is unavailable or inadequate, the state board may withhold funds from any other distribution of […]
Sec. 12. If the state board withholds funds under this chapter, the state board first shall withhold funds from the distribution of state tuition support to the school to which the advance is made. If the state tuition support distribution is unavailable or inadequate, the state board may withhold funds from any other distribution of […]
Sec. 13. An advance under this chapter to a school is not an obligation of the school within the meaning of a constitutional limitation on or prohibition against indebtedness. This chapter does not relieve the organizer of the charter school of the duty to qualify the charter school for state tuition support. As added by […]
Sec. 13. An advance under this chapter to a school is not an obligation of the school within the meaning of a constitutional limitation on or prohibition against indebtedness. This chapter does not relieve the organizer of the charter school of the duty to qualify the charter school for state tuition support. As added by […]
Sec. 14. (a) The organizer of a charter school is the fiscal agent for the charter school and has exclusive control of the funds received by the charter school and all financial matters pertaining to the charter school. For purposes of this chapter, all references to a school or a charter school, including, but not […]
Sec. 14. (a) The organizer of a charter school is the fiscal agent for the charter school and has exclusive control of the funds received by the charter school and all financial matters pertaining to the charter school. For purposes of this chapter, all references to a school or a charter school, including, but not […]
Sec. 2. As used in this chapter, “advance” refers to an advance under this chapter. As added by P.L.213-2015, SEC.232.
Sec. 2. As used in this chapter, “advance” refers to an advance under this chapter. As added by P.L.213-2015, SEC.232.
Sec. 3. As used in this chapter, “charter school” refers to a school established under IC 20-24. However, the term does not include a virtual charter school or an adult high school (as defined in IC 20-24-1-2.3). As added by P.L.213-2015, SEC.232.
Sec. 3. As used in this chapter, “charter school” refers to a school established under IC 20-24. However, the term does not include a virtual charter school or an adult high school (as defined in IC 20-24-1-2.3). As added by P.L.213-2015, SEC.232.
Sec. 4. As used in this chapter, “school” refers to a charter school or an innovation network school described in section 1(a)(2) of this chapter. As added by P.L.213-2015, SEC.232.
Sec. 4. As used in this chapter, “school” refers to a charter school or an innovation network school described in section 1(a)(2) of this chapter. As added by P.L.213-2015, SEC.232.
Sec. 5. (a) The charter and innovation network school advance program is established. The purpose of the program is to make advances to schools. (b) The state board shall administer the program. (c) The total amount of advances that the state board may make under this chapter during the state biennium beginning July 1, 2015, […]
Sec. 5. (a) The charter and innovation network school advance program is established. The purpose of the program is to make advances to schools. (b) The state board shall administer the program. (c) The total amount of advances that the state board may make under this chapter during the state biennium beginning July 1, 2015, […]
