Terms Used In Indiana Code 20-48-1-10

  • 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. 10. Temporary transfers of funds by a school corporation may be made as authorized under IC 36-1-8-4.

[Pre-2006 Recodification Citation: 21-2-21-9.]

As added by P.L.2-2006, SEC.171.