Indiana Code 20-49-9-13. Advance not a constitutional debt
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Terms Used In Indiana Code 20-49-9-13
- advance: refers to an advance under this chapter. See Indiana Code 20-49-9-2
- charter school: refers to a school established under IC 20-24. See Indiana Code 20-49-9-3
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- school: refers to a charter school or an innovation network school described in section 1(a)(2) of this chapter. See Indiana Code 20-49-9-4
Sec. 13. An advance under this chapter to a school is not an obligation of the school within the meaning of a constitutional limitation on or prohibition against indebtedness. This chapter does not relieve the organizer of the charter school of the duty to qualify the charter school for state tuition support.
As added by P.L.213-2015, SEC.232.