Sec. 11. An advance under this chapter to a school corporation or charter school is not an obligation of the school corporation or charter school within the meaning of a constitutional limitation on or prohibition against indebtedness. As added by P.L.211-2018(ss), SEC.13.
Advance not a constitutional debt
Ind. Code § 20-49-10-11, under Chapter 10. Advancement From Common School Fund; Improvements in School Security.
Ind. Code § 20-49-10-11