Limitations on purposes of advancements

Ind. Code § 20-49-2-8, under Chapter 2. Administration of Veterans Memorial School Construction Fund; School Disaster Loan Fund.

Ind. Code § 20-49-2-8

Sec. 8. An advancement may not be made for: (1) any purpose other than the construction, remodeling, or repairing of school buildings and classrooms; or (2) gymnasiums, auditoriums, or any athletic facilities. [Pre-2006 Recodification Citation: 21-1-11-2(b) part.] As added by P.L.2-2006, SEC.172.