Indiana Statutes
§ 20-42-1-11 — Minimum balance; loans; maximum term
Indiana § 20-42-1-11
JurisdictionIndiana
Title 20EDUCATION
Art. 42FIDUCIARY FUNDS AND ACCOUNTS
Ch. 1Administration of Common School Fund by County
This text of Indiana § 20-42-1-11 (Minimum balance; loans; maximum term) 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 § 20-42-1-11 (2026).
Text
In a county where the total amount in the:
(1)fund; or
(2)congressional township school fund;
accumulates to the amount of at least one thousand dollars ($1,000), a
county may borrow and use the funds or any part of the funds for any
lawful purpose for a period not exceeding five (5) years.
[Pre-2006 Recodification Citation: 21-1-7-3.]
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Legislative History
As added by P.L.2-2006, SEC.165. Amended by P.L.162-2006,
SEC.40.
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References to repealed statutes§ 20-17-1-7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References to repealed statutesCite This Page — Counsel Stack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 § 20-42-1-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-42-1-11.