Sec. 7. (a) Each school of the consolidated schools is under the control and management of the original governing body until the consolidated school corporation comes into existence at the time provided in section 8 of this chapter. When the consolidated school corporation comes into existence, the term of office of each of the original members of the governing body expires.

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Terms Used In Indiana Code 20-23-6-7

  • 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.
  • Trustee: A person or institution holding and administering property in trust.
     (b) The term of any township trustee does not expire.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-5-6.]

As added by P.L.1-2005, SEC.7. Amended by P.L.233-2015, SEC.62.

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