Indiana § 20-44-3-9 - Minimum balance
Full text of Indiana Indiana Code § 20-44-3-9 — Minimum balance, with citation guidance and answers to common questions.
§ 20-44-3-9. Minimum balance
Sec. 9. If the amount that would be deposited in the fund of a school corporation for a particular calendar year is less than ten thousand dollars ($10,000), no money shall be deposited in the fund of the school corporation for that year.
[Pre-2006 Recodification Citation: 6-1.1-19-1.7(h).]
As added by P.L.2-2006, SEC.167. Amended by P.L.244-2017, SEC.93.
IC 20-45ARTICLE 45. GENERAL FUND LEVIES
Ch. 1.Repealed Ch. 2.Repealed Ch. 3.Repealed Ch. 4.Repealed Ch. 5.Repealed Ch. 6.Repealed Ch. 7.Supplemental County Levy; Lake County Ch. 8.Supplemental County Levy; Dearborn County Ch. 9.Dearborn County School Corporations
IC 20-45-1Chapter 1. Repealed[Pre-2006 Recodification Citations:
20-45-1-1New20-45-1-2New20-45-1-3New20-45-1-4New20-45-1-5New20-45-1-6New20-45-1-7New20-45-1-8New20-45-1-9New20-45-1-10New20-45-1-11formerly 6-1.1-19-1(g)20-45-1-12New20-45-1-13New20-45-1-14New20-45-1-15New20-45-1-16New20-45-1-17formerly 6-1.1-19-1.5(a) part20-45-1-18New20-45-1-19New20-45-1-20New20-45-1-21formerly 6-1.1-19-1.5(c)20-45-1-22New.]Repealed by P.L.13-2013, SEC.57.
IC 20-45-2Chapter 2. Repealed[Pre-2006 Recodification Citations:
20-45-2-1formerly 21-2-11-2 part20-45-2-2formerly 21-2-11-2 part20-45-2-3formerly 6-1.1-19-6 part20-45-2-4formerly 6-1.1-19-1.5(d)20-45-2-5formerly 6-1.1-19-1.5(e)20-45-2-6formerly 6-1.1-19-1120-45-2-7formerly 20-23-3-320-45-2-8New.]Repealed by P.L.146-2008, SEC.807.
IC 20-45-3Chapter 3. Repealed[Pre-2006 Recodification Citations:
20-45-3-1New20-45-3-2formerly 6-1.1-19-1.5(b) part20-45-3-3New20-45-3-4formerly 21-3-1.7-6.8(b) part20-45-3-5formerly 21-3-1.7-6.8(b) part20-45-3-6formerly 21-3-1.7-6.8(b) part20-45-3-7formerly 6-1.1-19-1.5(a) part20-45-3-8formerly 6-1.1-19-1.5(b) part20-45-3-9formerly 6-1.1-19-1.5(b) part20-45-3-10formerly 6-1.1-19-1.5(b)20-45-3-11formerly 6-1.1-19-1.5(b).]Repealed by P.L.146-2008, SEC.807.
IC 20-45-4Chapter 4. Repealed[Pre-2006 Recodification Citations:
20-45-4-1formerly 6-1.1-19-2(a)20-45-4-2formerly 6-1.1-19-2(b)20-45-4-3formerly 6-1.1-19-2(c)20-45-4-4formerly 6-1.1-19-2(d)20-45-4-5formerly 6-1.1-19-2(e)20-45-4-6formerly 6-1.1-19-2(f)20-45-4-7New20-45-4-8formerly 6-1.1-19-5.3.]Repealed by P.L.146-2008, SEC.810.
IC 20-45-5Chapter 5. Repealed[Pre-2006 Recodification Citations:
20-45-5-1formerly 6-1.1-19-4.4(a) part20-45-5-2New20-45-5-3formerly 6-1.1-19-4.4(a) part20-45-5-4formerly 6-1.1-19-4.4(a) part20-45-5-5formerly 6-1.1-19-4.4(a) part20-45-5-6formerly 6-1.1-19-4.4(b) part.]Repealed by P.L.146-2008, SEC.810.
IC 20-45-6Chapter 6. Repealed[Pre-2006 Recodification Citations:
20-45-6-1New20-45-6-2formerly 6-1.1-19-4.5 part20-45-6-3formerly 6-1.1-19-4.5(d)20-45-6-4formerly 6-1.1-19-4.920-45-6-5subsection (a), (b) formerly 6-1.1-19-4.7(a); subsection (c) formerly 6-1.1-19-4.7(b)20-45-6-6formerly 6-1.1-19-4.7(c)20-45-6-7formerly 6-1.1-19-4.7(d)20-45-6-8formerly 6-1.1-19-5.120-45-6-9formerly 6-1.1-19-10.520-45-6-10New.]Repealed by P.L.146-2008, SEC.810.
IC 20-45-7Chapter 7. Supplemental County Levy; Lake County
20-45-7-1Application 20-45-7-2Policy 20-45-7-3"ADA" 20-45-7-4"ADA ratio" 20-45-7-5"Assessed valuation" 20-45-7-6"County auditor" 20-45-7-7"County council" 20-45-7-8"County treasurer" 20-45-7-9"Current ADA" 20-45-7-10"Eligible pupil" 20-45-7-11"Entitlement" 20-45-7-12"Fund" 20-45-7-13"Qualified county" 20-45-7-14"Qualified school corporation" 20-45-7-15"Tax" 20-45-7-16Duty; levy of countywide tax 20-45-7-17Adoption procedure 20-45-7-18Calculation; tax rate 20-45-7-19Certification; information needed to set tax rate 20-45-7-20County auditor certification; tax rate 20-45-7-21Tax subject to maximum county levy limit 20-45-7-22Collection 20-45-7-23Treasurer; deposits; county school distribution fund 20-45-7-24Effect of distribution of excise taxes 20-45-7-25Distribution of tax collections to school corporations 20-45-7-26Calculation; school corporation's distribution 20-45-7-27Correction of errors 20-45-7-28Distribution by warrant; schedule 20-45-7-29Deposit of distribution; operations fund 20-45-7-30Certifications; additional information
Frequently Asked Questions About Indiana § 20-44-3-9
What does Indiana Code § 20-44-3-9 cover?
Section 20-44-3-9 ("Minimum balance") 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 § 20-44-3-9?
A common citation format is "Indiana Code § 20-44-3-9" (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 § 20-44-3-9 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.