Terms Used In Indiana Code 20-46-9-8

  • 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.
  • levy: refers to the property tax levy imposed under this chapter. See Indiana Code 20-46-9-2
  • referendum: refers to a referendum under this chapter. See Indiana Code 20-46-9-3
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
   Sec. 8. A referendum levy under this chapter may be put into effect only if a majority of the individuals who vote in a referendum that is conducted in accordance with this section and sections 9 through 19 of this chapter approve the school corporation‘s making a levy for the ensuing calendar year.

As added by P.L.272-2019, SEC.12.