Terms Used In Indiana Code 20-40-1-1

  • 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. 1. This article is not intended to be an exhaustive list of the governmental funds and accounts that a school corporation may establish to carry out school purposes.

[2006 Recodification Citation: New.]

As added by P.L.2-2006, SEC.163.