Sec. 3. The governing body shall annually levy a rate that will produce a sum sufficient to meet all payments of principal and interest as they mature in the year for which the levy is made on the:
(1) bonds;
(2) notes; or
(3) other obligations;
of the school corporation.
[Pre-2006 Recodification Citation: 20-23-16-4(c).]
As added by P.L.2-2006, SEC.167.
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