Indiana Code > Title 20 > Article 40 > Chapter 9 – Debt Service Fund


§ 20-40-9-1	“Debt service”
§ 20-40-9-2	“Fund”
§ 20-40-9-3	“Levy”
§ 20-40-9-4	Establishment of fund
§ 20-40-9-5	Uses; required use of fund
§ 20-40-9-6	Uses; payment of debt and lease expenses
§ 20-40-9-7	Use of money
§ 20-40-9-8	Uses; lease rentals; prohibition on lease payments from the education fund
§ 20-40-9-9	Uses; community school corporations
§ 20-40-9-10	Limitation on payment of principal; emergency and temporary loans
§ 20-40-9-11	Uses; principal and interest; state advance

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.
debt service: includes bonds and coupons, civil bond obligations, lease rental contracts, and interest cost on emergency and temporary loans. See Indiana Code 20-40-9-1
fund: refers to a debt service fund established under section 4 of this chapter. See Indiana Code 20-40-9-2
Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
levy: refers to a debt service levy under IC 20-46-7 for the fund. See Indiana Code 20-40-9-3
Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5