Indiana Code 4-13-1.6-3. “Major equipment item”

Sec. 3. (a) As used in this chapter, “major equipment item” refers to any item that a school corporation considers:

(1) a significant equipment purchase; and

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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) reasonably likely to be purchased by several school corporations.

(b) The term does not include the following:

(1) Curricular materials (as defined in IC 20-18-2-2.7).

(2) A special purpose bus (as defined in IC 20-27-2-10).

(3) A school bus (as defined in IC 20-27-2-8).

As added by P.L.49-1997, SEC.10. Amended by P.L.1-2005, SEC.60; P.L.73-2011, SEC.1; P.L.286-2013, SEC.2.