Indiana Code 20-24-14-4. Charter school facility grant program established; purpose; administration

Sec. 4. (a) The charter school facility grant program is established to provide grants to charter schools that may be used for the following:

(1) The purposes listed in IC 20-40-9-6 for which a school corporation may use money in the school corporation’s debt service fund.

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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.
grant: refers to a grant awarded to a charter school under this chapter. See Indiana Code 20-24-14-2
program: refers to the charter school facility grant program established by section 4 of this chapter. See Indiana Code 20-24-14-3

(2) The purposes listed in IC 20-40-18-7 for which a school corporation may use money in the school corporation’s operations fund.

(b) The state board shall administer the program.

As added by P.L.189-2023, SEC.6.