Indiana Code 20-49-4-9. Priority of advances; school building construction programs
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Terms Used In Indiana Code 20-49-4-9
- 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.
Sec. 9. Priority of advances for school building construction programs shall be made to school corporations that have the least amount of assessed valuation per current ADM. If a program involves a school corporation career and technical education school described in IC 20-37-1-1, the assessed valuation and current ADM of all those school corporations that are members of the career and technical education school are to be used for making determinations under this section.
[Pre-2006 Recodification Citation: 21-1-5-9(a).]
As added by P.L.2-2006, SEC.172. Amended by P.L.40-2014, SEC.10; P.L.189-2023, SEC.45.