Indiana Statutes

§ 20-27-4-4 — General obligation bonds

Indiana § 20-27-4-4
JurisdictionIndiana
Title 20EDUCATION
Art. 27SCHOOL TRANSPORTATION
Ch. 4Purchase of School Buses

This text of Indiana § 20-27-4-4 (General obligation bonds) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 20-27-4-4 (2026).

Text

If a school corporation requires funds to purchase a school bus for cash, the school corporation may borrow the necessary funds by issuing general obligation bonds. The bonds shall be issued in the same manner as other general obligation bonds. However, the bonds may not extend for more than six (6) years. [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-9.1-6-4.]

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Legislative History

As added by P.L.1-2005, SEC.11.

Nearby Sections

15
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Bluebook (online)
Indiana § 20-27-4-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-27-4-4.