Terms Used In Indiana Code 20-23-8-4

  • 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. As used in this chapter, “plan” means the manner in which the governing body of a school corporation is constituted, including the number, qualifications, length of terms, manner, and time of selection, either by appointment or by election of the members of the governing body.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-10.1-1(c).]

As added by P.L.1-2005, SEC.7.