Indiana Code 20-40-21-2. Requirement to create a fund if levy is approved
Current as of: 2023 | Check for updates
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Terms Used In Indiana Code 20-40-21-2
- 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.
- fund: refers to a school safety referendum debt service fund established under section 2 of this chapter. See Indiana Code 20-40-21-1
Sec. 2. A school safety referendum debt service fund must be created by each school corporation for which a school safety referendum tax levy was approved by the voters in a referendum under IC 20-46-9.
As added by P.L.272-2019, SEC.9.