Terms Used In Indiana Code 6-1.1-1-16

  • 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.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
   Sec. 16. “School corporation” means any public school corporation established under the laws of the state of Indiana. The term includes, but is not limited to, any school city, school town, consolidated school corporation, metropolitan school district, township school corporation, county school corporation, united school corporation, and a community school corporation.

[Pre-1975 Property Tax Recodification Citation: 6-1-67-1 part.]

Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.233-2015, SEC.15.