Indiana Code 20-26-5-19. Distribution of payroll based on contractual and salary schedule commitments
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Terms Used In Indiana Code 20-26-5-19
- Contract: A legal written agreement that becomes binding when signed.
- 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. 19. A governing body under its powers to fix and pay the salaries and compensation of employees of the school corporation and to contract for services under section 4(a)(8) of this chapter may distribute payroll based on contractual and compensation plan commitments instead of payroll estimates approved in advance by the governing body.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-6-6.6.]
As added by P.L.1-2005, SEC.10. Amended by P.L.213-2015, SEC.166; P.L.233-2015, SEC.102; P.L.118-2016, SEC.7.