{"data":{"id":"us-in/ic-20-27-4-4","jurisdiction":"us-in","citation":"IC 20-27-4-4","heading":"General obligation bonds","body":"Sec. 4. If a school corporation requires funds to purchase a school bus for cash, the school corporation may borrow the necessary funds by issuing general obligation bonds. The bonds shall be issued in the same manner as other general obligation bonds. However, the bonds may not extend for more than six (6) years.","path":["TITLE 20. EDUCATION","ARTICLE 27. SCHOOL TRANSPORTATION","Chapter 4. Purchase of School Buses"],"source_url":"https://iga.in.gov/ic/2026/Title_20.html#20-27-4-4","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-01T01:34:30Z","sha256":"30b6f8c43c707b83dfc4ecabc08185ed84cccaffb62ed338ae71f55802e8a7ee","source_id":"us-in","stale":false,"prev":"us-in/ic-20-27-4-3","next":"us-in/ic-20-27-4-5"},"notice":"GroundRules: Original legal text. Not legal advice."}