Terms Used In Indiana Code 20-26-7.1-2.1

  • 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. 2.1. As used in this chapter, “covered school building” means a school building that is owned by a school corporation or any other entity that is related in any way to, or created by, the school corporation or the governing body, including a building corporation, and that has at any time been used for classroom instruction.

As added by P.L.189-2023, SEC.12.