Indiana Code 20-24.5-1-7. Contract to establish school between state educational institution and governing body
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Sec. 7. The governing body of a school corporation may enter into a contract with the board of trustees of a state educational institution to educate part or all of the students of the school corporation in a university administered school. The contract may fix:
(2) the date and time when payment will be made;
(1) the compensation to be paid; and
Terms Used In Indiana Code 20-24.5-1-7
- board of trustees: has the meaning set forth in IC 21-7-13-9. See Indiana Code 20-24.5-1-3
- Contract: A legal written agreement that becomes binding when signed.
- contract: refers to a contract made under this chapter between a state educational institution and a school corporation to educate part or all of the students of one (1) or more school corporations in a university administered school. See Indiana Code 20-24.5-1-4
- 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.
- university administered school: refers to a preschool, an elementary school, or a high school established by a state educational institution in a county in Indiana where the state educational institution is located to instruct children in the county in the subjects and branches of learning taught in the public schools. See Indiana Code 20-24.5-1-5
to the state educational institution for conducting a university administered school.
[Pre-2007 Higher Education Recodification Citation: 20-12-13-1 part.]
As added by P.L.2-2007, SEC.209.