Minimum balance

Ind. Code § 20-44-3-9
in effect
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Sec. 9. If the amount that would be deposited in the fund of a school corporation for a particular calendar year is less than ten thousand dollars ($10,000), no money shall be deposited in the fund of the school corporation for that year. [Pre-2006 Recodification Citation: 6-1.1-19-1.7(h).] As added by P.L.2-2006, SEC.167. Amended by P.L.244-2017, SEC.93.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026

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