Indiana Statutes
§ 20-40-9-10 — Limitation on payment of principal; emergency and temporary loans
Indiana § 20-40-9-10
This text of Indiana § 20-40-9-10 (Limitation on payment of principal; emergency and temporary loans) 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 § 20-40-9-10 (2026).
Text
(a)Except as otherwise provided by law, a
school corporation may not pay from the fund the principal of
emergency and temporary loans obtained for the benefit of any other
fund.
(b)Except as provided in IC 20-48-1-7 and IC 20-48-1-9, payment
of interest on emergency and temporary loans must be received in and
disbursed from the fund.
[Pre-2006 Recodification Citation: 21-2-4-2 part.]
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Legislative History
As added by P.L.2-2006, SEC.163.
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References to repealed statutes§ 20-17-1-7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References to repealed statutesCite This Page — Counsel Stack
Bluebook (online)
Indiana § 20-40-9-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-40-9-10.