338 chapters · 3,085 sections in this title.
Ind. Code § 20-47-2-20 Required levy; payment of obligations
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Sec. 20. A school corporation or the public education corporation that executes a lease under this chapter shall annually appropriate from its debt service fund or operations fund an amount sufficient to pay the lease rental required under the lease. The appropriation is reviewab…
Ind. Code § 20-47-2-21 Exemption of lessor corporation property from taxes
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Sec. 21. Property owned by a lessor corporation entering into a lease with a school corporation, school corporations, or the public education school corporation under this chapter, and all stock and other securities (including the interest or dividends) issued by a lessor corpora…
Ind. Code § 20-47-2-22 Statutory construction; supplemental legislation; limitation of application of other laws
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Sec. 22. This chapter shall be construed as being supplemental to all other laws covering the acquisition, use, and maintenance of school buildings by school corporations or the public education corporation. However, as to school buildings constructed, acquired, leased, or purcha…
Ind. Code § 20-47-2-23 Termination of lease; disposition of surplus revenues
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Sec. 23. (a) Upon the termination of a lease entered into under this chapter, the lessor corporation shall return to the school corporation or the public education corporation any money held by the lessor corporation that exceeds the amount needed to retire bonds issued under thi…