Terms Used In Indiana Code 20-28-8-1

  • Contract: A legal written agreement that becomes binding when signed.
  • 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. A school corporation may provide in the contract of a principal or of any of the principal’s administrative assistants compensation for services performed for a time, either before or after the school term, as considered necessary by the governing body.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-6.1-4-17.]

As added by P.L.1-2005, SEC.12.