Indiana Code 20-23-6-11. Filing copies of consolidation resolution; school corporations to be separate and distinct from any civil corporation
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Terms Used In Indiana Code 20-23-6-11
- 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. A governing body shall, after the members have taken their oath of office, cause a copy of the resolution to consolidate to be filed with the department of local government finance and the county recorder in the county in which the new school district is located. Any consolidated school district is declared to be and is made a school corporation for school purposes, separate and distinct from any civil corporation.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-5-13.]
As added by P.L.1-2005, SEC.7. Amended by P.L.169-2017, SEC.7.