Duty; levy
Ind. Code § 20-46-7-4
in effectSec. 4. (a) The governing body of each school corporation shall establish a levy in every calendar year sufficient to pay all obligations.
(b) This subsection applies to a school corporation that consolidates under IC 20-23-6-12.5. The governing body shall establish a levy for each subunit (as defined in IC 20-23-6-0.5) in each calendar year sufficient to pay the debts and obligations that the particular subunit incurred before consolidating with one (1) or more school corporations under IC 20-23-6-12.5.
[Pre-2006 Recodification Citation: 21-2-4-3 part.]
As added by P.L.2-2006, SEC.169. Amended by P.L.169-2017, SEC.9.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026