Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.

     Sec. 1. The governing body of each school corporation shall create an operations fund to be used by the school corporation after December 31, 2018.

As added by P.L.244-2017, SEC.86.

Terms Used In Indiana Code 20-40-18-1

  • 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.