Sec. 12. (a) If a school corporation fails to make the payments required by this chapter, the amount payable may be:

(1) withheld by the auditor of state from money payable to the school corporation and transferred to the fund; or

Terms Used In Indiana Code 5-10.4-7-12

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • 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.
(2) recovered in a suit in the circuit or superior court of the county in which the school corporation is located.

     (b) The suit described in subsection (a)(2) shall be:

(1) an action by the state on the relation of the board; and

(2) prosecuted by the attorney general.

[Pre-2006 Education Finance Recodification Citation: 21-6.1-7-13.]

As added by P.L.2-2006, SEC.28.