Indiana Statutes

§ 20-40-9-7 — Use of money

Indiana·Title 20 EDUCATION·Art. 40 GOVERNMENT FUNDS AND ACCOUNTS·Ch. 9 Debt Service Fund
Money in the fund may not be used for payment of debt service, lease payments, or similar obligations for a controlled project that is approved by the voters in a referendum under IC 6-1.1-20. [Pre-2006 Recodification Citations: subsection (a) formerly 21-2-4-2(7); subsection (b) formerly 21-2-4-2 part.]

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Legislative History

As added by P.L.2-2006, SEC.163. Amended by P.L.286-2013, SEC.118; P.L.244-2017, SEC.81; P.L.140-2018, SEC.14; P.L.201-2023, SEC.184.

Nearby Sections

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