Indiana Code 20-20-33-6. Matching local expenditures
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Terms Used In Indiana Code 20-20-33-6
- 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.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 6. To receive a grant under this chapter, a school corporation must expend on alternative education programs in the school year a matching amount of at least one-third (1/3) of the amount of the state grant per full-time equivalent student, as determined under the rules adopted by the state board.
[Pre-2006 Recodification Citation: 21-3-11-6(b).]
As added by P.L.2-2006, SEC.85.