Ind. Code § 20-26-12-23
Borrowing to purchase curricular material
Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Note: This version of section effective until 1-1-2019. See also following version of this section, effective 1-1-2019.
Sec. 23. A school corporation may:
Sec. 23. A school corporation may:
(1) borrow money to buy curricular materials; and
(1) borrow money to buy curricular materials; and
(2) issue notes, maturing serially in not more than four (4) years and payable from its general fund, to secure the loan.
(2) issue notes, maturing serially in not more than four (4) years and payable from its education fund, to secure the loan.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.