Terms Used In Indiana Code 20-43-4-7

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
   Sec. 7. For purposes of this article, a school corporation‘s “adjusted ADM” for the current year is the school corporation’s current ADM.

[Pre-2006 Recodification Citation: 21-3-1.7-6.6.]

As added by P.L.2-2006, SEC.166. Amended by P.L.234-2007, SEC.240; P.L.182-2009(ss), SEC.332; P.L.229-2011, SEC.207; P.L.205-2013, SEC.279; P.L.213-2015, SEC.214.