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Terms Used In Indiana Code 6-1.1-21.4-0.5

  • 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.
   Sec. 0.5. As used in this chapter, “ADM” refers to a school corporation‘s average daily membership as determined under IC 20-43-4-2.

As added by P.L.145-2012, SEC.15.