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2021 Indiana Code
Title 20. Education
Article 44. Property Tax Levies; General Provisions
Chapter 3. Application of Levy Excess to Reduce Property Taxes
20-44-3-9. Minimum Balance
Universal Citation: IN Code § 20-44-3-9 (2021)
Sec. 9. If the amount that would be deposited in the fund of a school corporation for a particular calendar year is less than ten thousand dollars ($10,000), no money shall be deposited in the fund of the school corporation for that year.
[Pre-2006 Recodification Citation: 6-1.1-19-1.7(h).]
As added by P.L.2-2006, SEC.167. Amended by P.L.244-2017, SEC.93.
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