Indiana § 20-49-4-19 - Terms of agreement; right to offset advance against state tuition support
Full text of Indiana Indiana Code § 20-49-4-19 — Terms of agreement; right to offset advance against state tuition support, with citation guidance and answers to common questions.
§ 20-49-4-19. Terms of agreement; right to offset advance against state tuition support
Sec. 19. Each school corporation or charter school receiving an advance shall agree to have the money advanced, together with the interest on the advance, deducted from the distribution of state tuition support until all the money advanced, together with the interest on the advance, has been paid. The state board and the state board of finance shall reduce each distribution of state tuition support to each school corporation or charter school to which an advance is made in an amount to be agreed upon by the state and the school corporation or charter school. If an advance is made to a school corporation career and technical education school described in IC 20-37-1-1, the reduction for a payment obligation for the advance shall be allocated as provided in section 18 of this chapter.
[Pre-2006 Recodification Citation: 21-1-5-7(a) part.]
As added by P.L.2-2006, SEC.172. Amended by P.L.40-2014, SEC.12; P.L.189-2023, SEC.54.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-49-4-19
What does Indiana Code § 20-49-4-19 cover?
Section 20-49-4-19 ("Terms of agreement; right to offset advance against state tuition support") 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 § 20-49-4-19?
A common citation format is "Indiana Code § 20-49-4-19" (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 § 20-49-4-19 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.