Sec. 4. Subject to this chapter, the state board may order the auditor of state to periodically make an advancement from the state general fund for the construction, remodeling, or repair of school buildings to any school corporation.
[Pre-2006 Recodification Citation: 21-1-11-2(a) part.]
As added by P.L.2-2006, SEC.172.
Structure Indiana Code
Article 49. State Management of Common School Funds; State Advances and Loans
Chapter 2. Administration of Veterans Memorial School Construction Fund; School Disaster Loan Fund
20-49-2-2. Establishment of Fund
20-49-2-3. Duties; State Board
20-49-2-4. Powers; Advancements to School Corporations; Purposes
20-49-2-5. Limitation; Total Loans From Fund
20-49-2-6. Limitations on Eligibility for Advancement
20-49-2-7. Required Compliance With Chapter
20-49-2-8. Limitations on Purposes of Advancements
20-49-2-9. Maximum Advancement; Nonemergency
20-49-2-10. Restrictions on Nonemergency Advancements
20-49-2-11. Disaster Loans; Maximum Advancement
20-49-2-12. Application Procedures
20-49-2-13. Calculations; School Building Index; Tax Ability
20-49-2-14. Prioritizing Nonemergency Loans
20-49-2-15. Repayment of Advancement; State Tuition Support
20-49-2-16. Power; Levy to Replace Amount Deducted From State Tuition Support