§ 20-49-2-14 — Prioritizing nonemergency loans

Indiana § 20-49-2-14

• Jurisdiction: Indiana
• Title 20: EDUCATION
• Art. 49: STATE MANAGEMENT OF COMMON SCHOOL
• Ch. 2: Administration of Veterans Memorial School

Text

School corporations having the highest
school building index must be considered first for advancements. The
advancements must be made in descending order of need as shown by
the school building index. The state board, after giving consideration
to the:
(1) relative order of the various applicant school corporations with
regard to the school building index;
(2) matters and facts that are required to be considered under this
chapter; and
(3) intent and purposes of this chapter;
shall make an advancement to the various school corporations for the
purpose of construction, remodeling, or repairing in the amounts that
are found by the state board to be necessary to enable the school
corporations to provide for the classrooms and school buildings
necessary and required to place the educational facilities of the school
corporations on as nearly a uniform and relatively adequate basis as
possible.
[Pre-2006 Recodification Citation: 21-1-11-6.]

Legislative History

As added by P.L.2-2006, SEC.172.