{"data":{"id":"us-in/ic-20-42-2-11","jurisdiction":"us-in","citation":"IC 20-42-2-11","heading":"Minimum balance; loans; maximum term","body":"Sec. 11. In a county where the total amount in the:\n(1) common school fund; or\n(2) fund;\naccumulates to the amount of at least one thousand dollars ($1,000), a county may borrow and use the funds, or any part of the funds, for any lawful purpose for a period not exceeding five (5) years.","path":["TITLE 20. EDUCATION","ARTICLE 42. FIDUCIARY FUNDS AND ACCOUNTS","Chapter 2. County Administration of Congressional Township School Fund"],"source_url":"https://iga.in.gov/ic/2026/Title_20.html#20-42-2-11","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-01T01:34:30Z","sha256":"b6c7d23177c6fc56f05b7ef304d7ba7c46a2fa2dd0809fdb9ee4941d14da38c0","source_id":"us-in","stale":false,"prev":"us-in/ic-20-42-2-10","next":"us-in/ic-20-42-2-12"},"notice":"GroundRules: Original legal text. Not legal advice."}