Indiana § 20-49-2-17 - Transfer between funds; amount of advancements

Full text of Indiana Indiana Code § 20-49-2-17 — Transfer between funds; amount of advancements, with citation guidance and answers to common questions.

§ 20-49-2-17. Transfer between funds; amount of advancements

Sec. 17. (a) The state comptroller shall on December 31 and June 30 of each year transfer from the veterans memorial school construction fund to the state general fund the total amount of money advanced by the state board from the state general fund to school corporations under this chapter.

(b) The state comptroller shall at the time of a distribution of state tuition support transfer to the veterans memorial school construction fund an amount equal to the amount withheld from the distribution to school corporations that have received advancements under this chapter.

[Pre-2006 Recodification Citations: subsection (a) formerly 21-1-11-9(a); subsection (b) formerly 21-1-11-9(c).]

As added by P.L.2-2006, SEC.172. Amended by P.L.9-2024, SEC.405.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 20-49-2-17

What does Indiana Code § 20-49-2-17 cover?

Section 20-49-2-17 ("Transfer between funds; amount of advancements") 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 § 20-49-2-17?

A common citation format is "Indiana Code § 20-49-2-17" (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 § 20-49-2-17 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.