Sec. 11. An amount equal to deductions made or to be made in the current year for the payment of principal and interest on an advancement from any state fund (including the common school fund and the veterans memorial school construction fund) may be included in debt service and appropriated and paid to the education fund.
[Pre-2006 Recodification Citation: 21-2-4-5.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.83.
Structure Indiana Code
Article 40. Government Funds and Accounts
20-40-9-4. Establishment of Fund
20-40-9-5. Uses; Required Use of Fund
20-40-9-6. Uses; Payment of Debt and Lease Expenses
20-40-9-7. Use of Money; Curricular Material
20-40-9-8. Uses; Lease Rentals; Prohibition on Lease Payments From the Education Fund
20-40-9-9. Uses; Community School Corporations
20-40-9-10. Limitation on Payment of Principal; Emergency and Temporary Loans