Indiana Code 20-40-3-3. Establishment of fund
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Sec. 3. The governing body of each school corporation for which a levy is:
(2) approved;
(1) transferred; or
Terms Used In Indiana Code 20-40-3-3
- 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 an operating referendum tax levy fund established under section 3 of this chapter. See Indiana Code 20-40-3-1
- levy: refers to a property tax levy imposed under IC 20-46-1 for the fund. See Indiana Code 20-40-3-2
under IC 20-46-1 shall establish an operating referendum tax levy fund.
[Pre-2006 Recodification Citation: 21-2-11.6-3(a).]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.74.