The state board shall consider and accept or reject, in its discretion, applications of school building corporations created under IC 21-5-11 (before its repeal) or IC 20-47-2 for the purchase of first mortgage bonds issued by the corporation under IC 21-5-11 (before its repeal) or IC 20-47-2.[Pre-2006 Recodification Citation: 21-1-4-4.]As added by P.L.2-2006, SEC.172.
Indiana Legal Code