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Indiana Code Title 20. Education § 20-40-9-8

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 8. (a) Lease rental obligations on account of leases entered into under IC 21-5-11 (before its repeal), IC 20-47-2, IC 21-5-12 (before its repeal), or IC 20-47-3 may be paid by a school corporation from the debt service fund.

(b) Payments described in subsection (a) must be provided for in the annual budget for the fund from which the payment is made.

(c) The payment of lease rental obligations from the education fund is prohibited.

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Cite this article: FindLaw.com - Indiana Code Title 20. Education § 20-40-9-8 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-20-education/in-code-sect-20-40-9-8/

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