Sec. 6. A loan under this chapter is not bonded indebtedness for purposes of IC 6-1.1-18.5 or IC 6-1.1-20. As added by P.L.131-2008, SEC.5. Amended by P.L.145-2012, SEC.20.
Loan is not bonded indebtedness
Ind. Code § 6-1.1-21.4-6, under Chapter 21.4. Rainy Day Fund Loans for Eligible School Corporations.
Ind. Code § 6-1.1-21.4-6