Sec. 5. Remuneration for athletic coaches, whether or not the athletic coaches are:

(1) otherwise employed by the school corporation; and

Terms Used In Indiana Code 20-40-2-5

  • 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.
  • fund: refers to a school corporation's education fund established under section 2 of this chapter. See Indiana Code 20-40-2-1
(2) licensed under IC 20-28-4 or IC 20-28-5;

must be budgeted in the education fund and must be paid from the education fund.

[Pre-2006 Recodification Citation: 21-2-11-4(b).]

As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.70.