Indiana Code 20-23-18-11. Muncie Community School Corporation; contract with the Muncie Community school corporation; review and approval by DUAB
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Terms Used In Indiana Code 20-23-18-11
- 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.
- 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. 11. If Ball State University enters into a contract with the Muncie Community school corporation in an amount that exceeds twenty-five thousand dollars ($25,000), the contract must be reviewed and approved by the distressed unit appeal board.
As added by P.L.213-2018(ss), SEC.22.