The fund may be used to make advances:

1. (1) to school corporations, including school corporation career and technical education schools described in IC 20-37-1-1 , under IC 20-49-4 and IC 20-49-5 ;
2. (2) to charter schools under IC 20-49-4 ;
3. (3) under IC 20-49-6 ;
4. (4) to charter and innovation network schools under IC 20-49-9 ; and

5. (5) to a school corporation or charter school (or a coalition of public schools applying jointly) under IC 20-49-10 .

   Unless the context clearly requires otherwise, a reference to a school corporation in this chapter includes a school corporation career and technical education school described in IC 20-37-1-1 . However, an advance to a school corporation career and technical education school described in IC 20-37-1-1 is not considered an advance to a school corporation for purposes of determining if the school corporation career and technical education school described in IC 20-37-1-1 qualifies for an advance.

   [Pre-2006 Recodification Citation: 21-1-4-1 part.]

As added by P.L.2-2006, SEC.172. Amended by P.L.146-2008, SEC.529; P.L.205-2013, SEC.307; P.L.40-2014, SEC.7; P.L.213-2015, SEC.231; P.L.233-2015, SEC.309; P.L.118-2016, SEC.20; P.L.211-2018(ss), SEC.12; P.L.189-2023, SEC.39.