Sec. 11. To ensure timely payment of an advance according to the terms of the advance, the state board may withhold from funds due to the charter school to which the advance is made in the amount necessary to pay the advance.
As added by P.L.213-2015, SEC.232.
Structure Indiana Code
Article 49. State Management of Common School Funds; State Advances and Loans
Chapter 9. Charter and Innovation School Advance Program
20-49-9-5. Advance Program Established
20-49-9-6. Application Procedure
20-49-9-7. State Board Approval
20-49-9-8. Qualification Criteria
20-49-9-9. Advance on per Student Basis
20-49-9-10. Terms; Limitations
20-49-9-12. Withholding; Eligibility Determination
20-49-9-13. Advance Not a Constitutional Debt
20-49-9-14. Authority to Renegotiate the Terms of an Advance; Application Process