Terms Used In Indiana Code 20-33-8-2

  • 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.
  • school purposes: refers to the purposes for which a school corporation operates, including the following:

    Indiana Code 20-33-8-4

   Sec. 2. As used in this chapter, “educational function” means the performance by a school corporation or its officers or employees of an act or a series of acts in carrying out school purposes.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-8.1-1-9.]

As added by P.L.1-2005, SEC.17.