Indiana § 20-26-7-18 - Authorization of bonds for purchase or improvement of property and buildings; issuance conditions and procedure
Full text of Indiana Indiana Code § 20-26-7-18 — Authorization of bonds for purchase or improvement of property and buildings; issuance conditions and procedure, with citation guidance and answers to common questions.
§ 20-26-7-18. Authorization of bonds for purchase or improvement of property and buildings; issuance conditions and procedure
Sec. 18. Subject to IC 5-1-11.5, a school corporation may issue and sell bonds under the general statutes governing the issuance of bonds to purchase and improve buildings or lands, or both. All laws relating to approval (if required) in a local public question under IC 6-1.1-20, including the requirement that a local public question may be placed on the ballot only at a general election, the filing of petitions, remonstrances, and objecting petitions, giving notices of the filing of petitions, the determination to issue bonds, and the appropriation of the proceeds of the bonds are applicable to the issuance of bonds under section 17 of this chapter.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-28-2.]
As added by P.L.1-2005, SEC.10. Amended by P.L.146-2008, SEC.467; P.L.184-2015, SEC.10; P.L.233-2015, SEC.115; P.L.118-2016, SEC.9; P.L.244-2017, SEC.48; P.L.250-2023, SEC.19; P.L.68-2025, SEC.208.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-26-7-18
What does Indiana Code § 20-26-7-18 cover?
Section 20-26-7-18 ("Authorization of bonds for purchase or improvement of property and buildings; issuance conditions and procedure") 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 § 20-26-7-18?
A common citation format is "Indiana Code § 20-26-7-18" (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 § 20-26-7-18 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.