{"data":{"id":"us-in/ic-20-49-2-5","jurisdiction":"us-in","citation":"IC 20-49-2-5","heading":"Limitation; total loans from fund","body":"Sec. 5. The state board may not order advancements under this chapter during any fiscal year that in total exceed the sum of:\n(1) the balance remaining in the veterans memorial school construction fund at the end of the preceding fiscal year; and\n(2) all accruals and transfers to the veterans memorial school construction fund.","path":["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"],"source_url":"https://iga.in.gov/ic/2026/Title_20.html#20-49-2-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-01T01:34:30Z","sha256":"a5ad64de75c22b1883a33952509bea224efaa123eef7a220f129eef58d4e8adf","source_id":"us-in","stale":false,"prev":"us-in/ic-20-49-2-4","next":"us-in/ic-20-49-2-6"},"notice":"GroundRules: Original legal text. Not legal advice."}