Indiana Statutes
§ 20-27-4-4 — General obligation bonds
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
§ 20-17-1-1
"Prior law"§ 20-17-1-2
Purpose of recodification§ 20-17-1-3
Statutory construction of recodification§ 20-17-1-4
Effect of recodification§ 20-17-1-5
Recodification of prior law§ 20-17-1-6
References to repealed statutes§ 20-17-1-7
References to citations§ 20-17-1-8
References to prior rules§ 20-17-1-9
References to prior law§ 20-17-2-1
"Prior law"§ 20-17-2-2
Purpose of recodification§ 20-17-2-3
Statutory construction of recodification§ 20-17-2-4
Effect of recodification§ 20-17-2-5
Recodification of prior law§ 20-17-2-6
References to repealed statutes