Indiana Statutes
§ 20-47-3-14 — Required levy; payment of obligations
Indiana·Title 20 EDUCATION·Art. 47 RELATED ENTITIES; HOLDING COMPANIES;·Ch. 3 Private Holding Companies
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
§ 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References to repealed statutes§ 20-17-1-7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References to repealed statutes