Indiana Code § 20-49-2-5

Limitation; total loans from fund
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Sec. 5. The state board may not order advancements under this chapter during any fiscal year that in total exceed the sum of: (1) the balance remaining in the veterans memorial school construction fund at the end of the preceding fiscal year; and (2) all accruals and transfers to the veterans memorial school construction fund. [Pre-2006 Recodification Citation: 21-1-11-9(b).]

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