Terms Used In Indiana Code 20-18-2-11

  • 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. 11. “Legal settlement” of a student means the student’s status with respect to the school corporation that has the responsibility to allow the student to attend its local public schools without the payment of tuition, or to pay transfer tuition under IC 20-26-11 if the student attends school in a local public school of another school corporation.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-8.1-1-7.1.]

As added by P.L.1-2005, SEC.2.