Sec. 5. Money in the fund may not be used for payment of debt service, lease payments, or similar obligations for a controlled project that is approved by the voters in a referendum under IC 6-1.1-20. As added by P.L.101-2026, SEC.12.
Restriction on use of money
Ind. Code § 20-25.3-7-5, under Indianapolis Public Education Corporation Debt Service Fund.
Ind. Code § 20-25.3-7-5