Indiana Code
Title 20. Education
Article 48. Borrowing and Bonds

Chapter 1. Borrowing and Bonds

20-48-1-1. Powers; Conditions and Issuance of Bonds; Improvement of Real Estate - Sec. 1. (a) As used in this section, "improvement of...

20-48-1-2. Powers; Issuance of Bonds; Retirement or Severance Liability - Sec. 2. (a) As used in this section, "retirement or...

20-48-1-2.5. Status of Bonds Issued Under Prior Statute; Debt Service Levies, Property Tax Levies - Sec. 2.5. Notwithstanding the repeal of IC 20-5-4-1.7, as added...

20-48-1-3. Payment Schedule; Maximum Term; Designee of Paying Agent - Sec. 3. (a) Bonds authorized by this article and IC...

20-48-1-4. Conditions of Sale; Par Value; Public Sale; Negotiated Sale; Interest Rate; Approval Required for Certain Bonds - Sec. 4. (a) Bonds issued by a school corporation shall...

20-48-1-5. Signatures; Issuing Party - Sec. 5. (a) Bonds shall be executed in the name...

20-48-1-6. Required Debt Service Fund Levy; Payment of Obligations - Sec. 6. (a) The governing body shall provide for the...

20-48-1-7. Emergency Loans - Sec. 7. (a) This section applies if a governing body...

20-48-1-8. Bonds; Emergency Loans; Compliance With Other Laws - Sec. 8. The provisions of all general statutes and rules...

20-48-1-9. Anticipation Warrants - Sec. 9. (a) If the governing body of a school...

20-48-1-10. Temporary Transfers Among Funds - Sec. 10. Temporary transfers of funds by a school corporation...

20-48-1-11. Annual Review of Obligations; Department of Local Government Finance; Increase in Levy to Pay Obligations; Intercept of State Distributions to Pay Obligations - Sec. 11. (a) As used in this section, "debt service...

20-48-1-12. Status of Bonds Issued Under Prior Statute; Debt Service Levies, Property Tax Levies - Sec. 12. Notwithstanding the repeal of IC 20-5-4-1.5, the following...

20-48-1-13. Sale of Certain Refunding Bonds - Sec. 13. A school corporation may: (1) issue bonds to...

Chapter 2. Borrowing; School Towns and School Cities

20-48-2-1. Application - Sec. 1. This chapter applies to any school city or...

20-48-2-2. Temporary Loans - Sec. 2. (a) Subject to subsection (c), if the board...

20-48-2-3. Requirements; Resolution - Sec. 3. (a) A temporary loan made under section 2...

Chapter 3. Borrowing; Indianapolis Public Schools

20-48-3-1. Application - Sec. 1. This chapter applies only to a school city...

20-48-3-2. "Board" - Sec. 2. As used in this chapter, "board" has the...

20-48-3-3. "School City" - Sec. 3. As used in this chapter, "school city" has...

20-48-3-4. Powers; Bonds; Real Property; Improvements to Real Property - Sec. 4. (a) The board may periodically, as the need...

20-48-3-5. Temporary Loans - Sec. 5. (a) The board may, if the school corporation's...

20-48-3-6. Temporary Transfers; Proceeds of Bonds - Sec. 6. (a) A school city wishing to make a...

20-48-3-7. Requirements; Repayment of Obligations - Sec. 7. A school city shall provide for the payment...

20-48-3-8. Maximum Obligation - Sec. 8. (a) The board may not create debt exceeding...

Chapter 4. Township School Building

20-48-4-1. Application - Sec. 1. Sections 2 through 4 of this chapter apply...

20-48-4-2. Powers; Township Trustee; Issuance of Warrants or Bonds - Sec. 2. (a) The board may authorize the trustee to...

20-48-4-3. Preparation of Specifications for Bidders; Competitive Bids; Contracts - Sec. 3. (a) If a trustee finds it necessary to...

20-48-4-4. Effect of Noncompliance With Law - Sec. 4. A contract made in violation of sections 2...

20-48-4-5. Application - Sec. 5. Sections 6 through 9 of this chapter apply...

20-48-4-6. Petition; Alteration, Construction, or Addition of School Building - Sec. 6. If: (1) a petition signed by at least...

20-48-4-7. Approval by Department of Local Government Finance - Sec. 7. (a) After June 30, 2008, this section applies...

20-48-4-8. Powers; Issuance of Bonds - Sec. 8. (a) Upon approval by the department of local...

20-48-4-9. Joint Action; Township Trustee; School Township - Sec. 9. In carrying out sections 6 through 8 of...