Indiana Code 20-26-3-4. School corporation powers; exercise
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Sec. 4. A school corporation may exercise any power the school corporation possesses to the extent that the power:
(2) is not expressly granted to another entity.
(1) is not expressly denied by the Constitution of the State of Indiana, by statute, or by rule of the state board; and
Terms Used In Indiana Code 20-26-3-4
- 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.
- Statute: A law passed by a legislature.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-1.5-4.]
As added by P.L.1-2005, SEC.10.