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IC 20-42-2 – County Administration of Congressional Township School Fund | Midpage
Collections
Indiana Code
Title 20
42
Chapter 2
IC 20-42-2
County Administration of Congressional Township School Fund
1
Application
2
"Fund"
3
Sources of fund
4
Prohibition on reducing principal of fund
4.5
Transfer of custody of fund balance to state
5
County liability for fund
6
Deposit of interest in fund
7
Annual distribution of balance to school corporations
8
Report to secretary of education
9
Distributions proportional to balance deposited in fund from township
10
Loans; required interest rate
11
Minimum balance; loans; maximum term
12
Form of loan agreement
13
Distribution of loaned amount from fund
14
Investments
15
Receipts for payment of principal or interest on loan