Terms Used In Indiana Code 20-44-2-4

  • 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.
   Sec. 4. A school corporation may impose a levy for a fund (before January 1, 2019) or its operations fund (after December 31, 2018), as permitted in IC 20-48-1-7, to repay an emergency loan to the fund (before January 1, 2019) or operations fund (after December 31, 2018).

[2006 Recodification Citation: New.]

As added by P.L.2-2006, SEC.167. Amended by P.L.244-2017, SEC.92.