Sec. 37. (a) A consolidation or reorganization of a school corporation does not become effective until the consolidation or reorganization is approved by the state board.

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Terms Used In Indiana Code 20-23-4-37

  • 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.
     (b) Except to the extent set forth in subsection (a), this chapter shall be construed as being supplemental to all laws appertaining to public schools in Indiana.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-1-29.]

As added by P.L.1-2005, SEC.7.

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