Indiana Code 20-47-1-4. Public school endowment corporation; distributions from principal and income
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Terms Used In Indiana Code 20-47-1-4
- 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.
Sec. 4. A public school endowment corporation may distribute both principal and income.
[Pre-2006 Recodification Citation: 20-26-5-21(e).]
As added by P.L.2-2006, SEC.170.