Indiana § 20-24-12-12 - Department to withhold loan repayments
Full text of Indiana Indiana Code § 20-24-12-12 — Department to withhold loan repayments, with citation guidance and answers to common questions.
§ 20-24-12-12. Department to withhold loan repayments
Sec. 12. The department shall withhold the amount of the balance of the loan due in a year on a loan made under this chapter from state tuition support distributions that would otherwise be made in the year to the charter school. To the extent possible, the department shall withhold an equal amount from each installment of state tuition support distributed to the charter school. Withheld amounts reduce the balance of the loan of the charter school. The state comptroller shall transfer withheld amounts to the fund.
As added by P.L.91-2011, SEC.25. Amended by P.L.9-2024, SEC.387.
IC 20-24-13Chapter 13. Charter and Innovation Network School Grant Program
20-24-13-1Applicability of chapter 20-24-13-2"School" 20-24-13-3Grant program established; uses; administration by the state board 20-24-13-4Schools eligible to receive an annual grant without first applying to the state board 20-24-13-5Charter schools that may apply for an annual grant; procedures; eligibility for a grant 20-24-13-6Grant amount
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-24-12-12
What does Indiana Code § 20-24-12-12 cover?
Section 20-24-12-12 ("Department to withhold loan repayments") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 20-24-12-12?
A common citation format is "Indiana Code § 20-24-12-12" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 20-24-12-12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.