Indiana Code 20-26-3-1. State policy
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Terms Used In Indiana Code 20-26-3-1
- 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. 1. Notwithstanding any other law and subject to section 7 of this chapter, the policy of the state is to grant to each school corporation all the powers needed for the effective operation of the school corporation.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-1.5-1.]
As added by P.L.1-2005, SEC.10.