Indiana · Snapshot 2026

IC 20-49-2-8: Limitations on purposes of advancements

Where this section sits in the code

TITLE 20. EDUCATION
ARTICLE 49. STATE MANAGEMENT OF COMMON SCHOOL FUNDS; STATE ADVANCES AND LOANS
Chapter 2. Administration of Veterans Memorial School Construction Fund; School Disaster Loan Fund

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.

Collected 2026-08-01T01:34:30Z. Source file · JSON