{"data":{"id":"us-in/ic-20-49-9-7","jurisdiction":"us-in","citation":"IC 20-49-9-7","heading":"State board approval","body":"Sec. 7. If a school files an application for an advance as required by the state board, and the state board finds that the school:\n(1) qualifies for an advance under section 8 of this chapter; and\n(2) will use the advance proceeds for educational purposes;\nthe state board shall make the advance to the school.","path":["TITLE 20. EDUCATION","ARTICLE 49. STATE MANAGEMENT OF COMMON SCHOOL FUNDS; STATE ADVANCES AND LOANS","Chapter 9. Charter and Innovation School Advance Program"],"source_url":"https://iga.in.gov/ic/2026/Title_20.html#20-49-9-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-01T01:34:30Z","sha256":"b67ef64cc9a09c0fb1b3dfbf27a390b4835bfcfb002518e99f06fa2470fd920d","source_id":"us-in","stale":false,"prev":"us-in/ic-20-49-9-6","next":"us-in/ic-20-49-9-8"},"notice":"GroundRules: Original legal text. Not legal advice."}