Terms Used In Indiana Code > Title 20 > Article 49 - State Management of Common School Funds; State Advances and Loans

• advance: refers to an advance from the fund under this chapter. See Indiana Code 20-49-10-1
• advance: means an advance under this chapter from the fund. See Indiana Code 20-49-4-3
• advance: refers to an advance under this chapter. See Indiana Code 20-49-9-2
• advance: refers to an advance from the fund under this chapter. See Indiana Code 20-49-5-1
• advance: refers to an advance from the advancement account under this chapter. See Indiana Code 20-49-6-1
• advancement: refers to an advance payment to a school corporation under this chapter. See Indiana Code 20-49-2-1
• advancement account: refers to the school technology advancement account established by section 3 of this chapter. See Indiana Code 20-49-6-2
• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
• charter school: refers to a school established under IC 20-24. See Indiana Code 20-49-10-2
• charter school: refers to a school established under IC 20-24. See Indiana Code 20-49-4-3.5
• charter school: refers to a school established under IC 20-24. See Indiana Code 20-49-9-3
• commissioner: refers to the commissioner of the department. See Indiana Code 4-13-12.1-1
• 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.
• department: refers to the Indiana department of administration created by IC 4-13-1-2. See Indiana Code 4-13-12.1-2
• disaster: refers to loss by:

  Indiana Code 20-49-4-4

• educational technology program: means the:

  Indiana Code 20-49-4-5

• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• fund: refers to the common school fund in the custody of the treasurer of state. See Indiana Code 20-49-10-3
• fund: refers to the common school fund in the custody of the treasurer of state. See Indiana Code 20-49-3-3
• fund: refers to the common school fund in the custody of the treasurer of state. See Indiana Code 20-49-4-6
• fund: refers to the common school fund in the custody of the treasurer of state. See Indiana Code 20-49-5-2
• Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• 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.
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• 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
• school building construction program: means the following:

  Indiana Code 20-49-4-7

• Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
• state agency: has the meaning specified in IC 4-13-1-1. See Indiana Code 4-13-4.1-1
• United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
• Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5