Indiana § 20-49-4-13 - Maximum advance; school building construction program
Full text of Indiana Indiana Code § 20-49-4-13 — Maximum advance; school building construction program, with citation guidance and answers to common questions.
§ 20-49-4-13. Maximum advance; school building construction program
Sec. 13. An advance to a school corporation or charter school for any school building construction program may not exceed the greater of the following:
(1) Fifteen million dollars ($15,000,000).
(2) The product of fifteen thousand dollars ($15,000) multiplied by the number of students accommodated as a result of the school building construction program.
However, if a school corporation or charter school has sustained loss by disaster, this limitation may be waived by the state board after consulting with the department and the budget agency.
[Pre-2006 Recodification Citation: 21-1-5-4(b).]
As added by P.L.2-2006, SEC.172. Amended by P.L.189-2023, SEC.48.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-49-4-13
What does Indiana Code § 20-49-4-13 cover?
Section 20-49-4-13 ("Maximum advance; school building construction program") 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 § 20-49-4-13?
A common citation format is "Indiana Code § 20-49-4-13" (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 § 20-49-4-13 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.