Ind. Code § 20-27-4-4
Current through P.L. 171-2024
If a school corporation requires funds to purchase a school bus for cash, the school corporation may borrow the necessary funds by issuing general obligation bonds. The bonds shall be issued in the same manner as other general obligation bonds. However, the bonds may not extend for more than six (6) years.
IC 20-27-4-4
Pre-2005 Elementary and Secondary Education Recodification Citation: 20-9.1-6-4.