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2021 Indiana Code
Title 20. Education
Article 49. State Management of Common School Funds; State Advances and Loans
Chapter 10. Advancement From Common School Fund; Improvements in School Security
20-49-10-11. Advance Not a Constitutional Debt
Universal Citation: IN Code § 20-49-10-11 (2021)
Sec. 11. An advance under this chapter to a school corporation or charter school is not an obligation of the school corporation or charter school within the meaning of a constitutional limitation on or prohibition against indebtedness.
As added by P.L.211-2018(ss), SEC.13.
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