Indiana Code 20-41-1-2. Accounting as separate funds
Current as of: 2023 | Check for updates
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Note: This version of section effective until 1-1-2024. See also following version of this section, effective 1-1-2024.
Sec. 2. Any self-supporting programs maintained by a school corporation, including school lunch, may be established as a separate fund, separate and apart from any other school corporation fund, if no local tax rate is established for the programs.
[Pre-2006 Recodification Citation: 21-2-11-5.]
As added by P.L.2-2006, SEC.164. Amended by P.L.286-2013, SEC.119; P.L.238-2019, SEC.16; P.L.201-2023, SEC.190.
Terms Used In Indiana Code 20-41-1-2
- 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.