{"data":{"id":"us-in/ic-6-1.1-20.3-8.3","jurisdiction":"us-in","citation":"IC 6-1.1-20.3-8.3","heading":"Review of school corporation petition for a loan","body":"Sec. 8.3. After the board receives a petition concerning a school corporation under section 6(b)(1) of this chapter, the board shall review the school corporation's request for a loan from the counter-cyclical revenue and economic stabilization fund under IC 6-1.1-21.4-3(b). The board shall make a recommendation to the state board of finance regarding the loan request. The board may consider whether a school corporation has attempted to secure temporary cash flow loans from the Indiana bond bank or a financial institution in making its recommendation.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 20.3. Distressed Political Subdivisions"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-20.3-8.3","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"5d76963347ebca46c1d84f8f89131ad03910fe11d040d0acd2acb2c38fc441a9","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-20.3-8","next":"us-in/ic-6-1.1-20.3-8.4"},"notice":"GroundRules: Original legal text. Not legal advice."}