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Terms Used In Indiana Code 20-18-2-24

  • 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.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
   Sec. 24. “Transfer” with respect to a student refers to the situation in which the student, for all or part of the student’s education, attends school in a public school of a school corporation other than the school corporation in which the student has legal settlement.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-8.1-1-7.2.]

As added by P.L.1-2005, SEC.2.