Indiana Code
Chapter 21.4. Rainy Day Fund Loans for Eligible School Corporations
6-1.1-21.4-6. Loan Is Not Bonded Indebtedness

Sec. 6. A loan under this chapter is not bonded indebtedness for purposes of IC 6-1.1-18.5 or IC 6-1.1-20.
As added by P.L.131-2008, SEC.5. Amended by P.L.145-2012, SEC.20.

Structure Indiana Code

Title 6. Taxation

Article 1.1. Property Taxes

Chapter 21.4. Rainy Day Fund Loans for Eligible School Corporations

6-1.1-21.4-0.5. "Adm"

6-1.1-21.4-1. "Board"

6-1.1-21.4-2. "Eligible School Corporation"

6-1.1-21.4-3. Eligible School Corporation; Maximum Loan; Loan Terms

6-1.1-21.4-3.5. Termination of Authority to Make Loans

6-1.1-21.4-4. Board Determination of Loan Amount; Disbursement of Funds; Loan Repayment; No Excessive Levy; Deposit of Payments Received

6-1.1-21.4-5. Effects on Levy Excess Funds

6-1.1-21.4-6. Loan Is Not Bonded Indebtedness

6-1.1-21.4-7. Failure to Repay Loan