State board; powers; applications

Ind. Code § 20-49-3-9, under Chapter 3. State Administration of Common School Fund.

Ind. Code § 20-49-3-9

Sec. 9. The state board shall consider and accept or reject, in its discretion, applications of school building corporations created under IC 21-5-11 (before its repeal) or IC 20-47-2 for the purchase of first mortgage bonds issued by the corporation under IC 21-5-11 (before its repeal) or IC 20-47-2. [Pre-2006 Recodification Citation: 21-1-4-4.] As added by P.L.2-2006, SEC.172.