Indiana Code 20-23-4-8. “School aid bonds”
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Terms Used In Indiana Code 20-23-4-8
- 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. 8. As used in this chapter, “school aid bonds” means bonds of a civil unit of government, the proceeds of which are used for school purposes in any school corporation.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-1-3(13).]
As added by P.L.1-2005, SEC.7.