Indiana Code 20-46-7-7. Levy; advance; common school fund
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Sec. 7. A school corporation receiving an advancement:
(2) for a school building construction program may annually levy a tax for the fund as provided in IC 20-49-4-21;
(1) under IC 20-49-2 may annually levy a tax for the fund as provided in IC 20-49-2-16;
Terms Used In Indiana Code 20-46-7-7
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- fund: refers to the debt service fund. See Indiana Code 20-46-7-1
- levy: refers to a levy imposed under this chapter. See Indiana Code 20-46-7-2
(3) for an educational technology program may annually levy a tax for the fund as provided in IC 20-49-4-22; or
(4) under IC 20-49-10 may annually levy a tax for the fund as provided in IC 20-49-10-10.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.169. Amended by P.L.211-2018(ss), SEC.11.