Terms Used In Indiana Code 20-23-10-2

  • 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. 2. As used in this chapter, “governing body” means the board or commission charged by law with the responsibility of administering the affairs of a school corporation, including a board of school commissioners, metropolitan board of education, board of school trustees, or board of trustees.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-19-1(c).]

As added by P.L.1-2005, SEC.7. Amended by P.L.233-2015, SEC.73.