Indiana Statutes

§ 20-47-3-14 — Required levy; payment of obligations

Indiana § 20-47-3-14
JurisdictionIndiana
Title 20EDUCATION
Art. 47RELATED ENTITIES; HOLDING COMPANIES;
Ch. 3Private Holding Companies

This text of Indiana § 20-47-3-14 (Required levy; payment of obligations) 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 § 20-47-3-14 (2026).

Text

A school corporation that executes a lease under this chapter shall annually appropriate and pay out of the debt service fund an amount sufficient to pay the lease rental required under the lease. The appropriation and rate are reviewable by other bodies vested by law with the authority to determine that the levy is sufficient to raise the amount required to meet the rental required under the lease. [Pre-2006 Recodification Citation: 21-5-12-9.]

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Legislative History

As added by P.L.2-2006, SEC.170.

Nearby Sections

15
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Bluebook (online)
Indiana § 20-47-3-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-47-3-14.