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§ 20-49-9-5 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 20 - Education/
  5. Article 49 - State Management of Common School Funds; State Advances and Loans/
  6. Chapter 9 - Charter and Innovation School Advance Program20-49-9-1. Applicability/
  7. § 20-49-9-5
Indiana Legal Code

§ 20-49-9-5

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The purpose of the program is to make advances to schools.(b) The state board shall administer the program.(c) The total amount of advances that the state board may make under this chapter during the state biennium beginning July 1, 2015, and ending June 30, 2017, may not exceed fifty million dollars ($50,000,000).As added by P.L.213-2015, SEC.232.