Indiana Code 20-24-14-4. Charter school facility grant program established; purpose; administration
Current as of: 2023 | Check for updates
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Sec. 4. (a) The charter school facility grant program is established to provide grants to charter schools that may be used for the following:
(2) The purposes listed in IC 20-40-18-7 for which a school corporation may use money in the school corporation’s operations fund.
(1) The purposes listed in IC 20-40-9-6 for which a school corporation may use money in the school corporation’s debt service fund.
Terms Used In Indiana Code 20-24-14-4
- 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.
- grant: refers to a grant awarded to a charter school under this chapter. See Indiana Code 20-24-14-2
- program: refers to the charter school facility grant program established by section 4 of this chapter. See Indiana Code 20-24-14-3
(b) The state board shall administer the program.
As added by P.L.189-2023, SEC.6.