Public-domain · open source
OpenJurist

Ind. Code § 20-24-12-11

Repayment of loans

As added by P.L.91-2011, SEC.25.

Sec. 11. A charter school receiving a loan under this chapter shall repay the loan from:

(1) the amount of state tuition support that the charter school is eligible to receive; and

(2) to the extent that state tuition support is insufficient to meet the debt service obligations of the charter school, other resources available to the charter school.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.