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Terms Used In Indiana Code 20-26-4-11

  • 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. 11. In addition to any other eligibility requirements for members of the governing body of a school corporation as set forth in law, an individual who is employed as a teacher or as a noncertificated employee (as defined in IC 20-29-2-11) of the school corporation may not be a member of the governing body of the school corporation.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-3-11.]

As added by P.L.1-2005, SEC.10.