Sec. 3. (a) A school corporation that is designated as a qualified district under this chapter is considered a qualified district until:

(1) the school corporation’s performance and improvement rating falls two (2) or more categories in a one (1) year period; or

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Terms Used In Indiana Code 20-24.2-2-3

  • 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
(2) the school corporation receives a performance and improvement rating in the second highest category or designation or lower for two (2) consecutive years.

     (b) A high school that is designated as a qualified high school under this chapter is considered a qualified high school until:

(1) the high school’s performance and improvement rating falls two (2) or more categories in a one (1) year period; or

(2) the high school receives a performance and improvement rating in the second highest category or designation or lower for two (2) consecutive years.

As added by P.L.201-2013, SEC.1.