Indiana Code 20-23-12.1-0.5. Purpose
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Sec. 0.5. The general assembly recognizes the following:
(2) The Gary Community School Corporation is expected to meet the conditions for termination of distressed status in the near future.
(1) The Gary Community School Corporation has achieved financial and operational stability.
Terms Used In Indiana Code 20-23-12.1-0.5
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- 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.
- Oversight: Committee review of the activities of a Federal agency or program.
- school corporation: means the Gary Community School Corporation. See Indiana Code 20-23-12.1-1
(3) The Gary Community School Corporation no longer requires special state oversight by the distressed unit appeal board.
(4) That it is appropriate to transition to a new governing body.
(5) The state should continue to monitor and evaluate the effectiveness of the governance structure.
As added by P.L.184-2023, SEC.42.