{"data":{"id":"us-in/ic-20-49-5-5","jurisdiction":"us-in","citation":"IC 20-49-5-5","heading":"Reimbursement of interest; notice between school corporations","body":"Sec. 5. A school corporation receiving an advance shall notify the school corporation or state comptroller from which the school corporation receives transfer tuition under IC 20-26-11 for students described in IC 20-26-11-8(a) or IC 20-26-11-8(b) of the amount of interest withheld under section 4 of this chapter. The school corporation or state comptroller shall reimburse the school corporation for the interest expense at the same time the transfer tuition is paid.","path":["TITLE 20. EDUCATION","ARTICLE 49. STATE MANAGEMENT OF COMMON SCHOOL FUNDS; STATE ADVANCES AND LOANS","Chapter 5. Advancement From the Common School Fund for Transfer Tuition Costs"],"source_url":"https://iga.in.gov/ic/2026/Title_20.html#20-49-5-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-01T01:34:30Z","sha256":"883737a2a9db9455085f7a111cecf74c4dd628847bfa0df54e8fdcd255030b10","source_id":"us-in","stale":false,"prev":"us-in/ic-20-49-5-4","next":"us-in/ic-20-49-5-6"},"notice":"GroundRules: Original legal text. Not legal advice."}