Note: This version of section effective 1-1-2025. See also preceding version of this section, effective until 1-1-2025.

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Terms Used In Indiana Code 20-26-12-2 v2

  • 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. 2. (a) A governing body or an organizer of a charter school may purchase from a publisher any curricular material selected by the proper local officials. The governing body or the organizer of a charter school may not rent the curricular materials to students enrolled in any public school.

     (b) A governing body may rent curricular materials to students enrolled in any nonpublic school that is located within the attendance unit served by the governing body. An organizer of a charter school may rent curricular materials to students enrolled in any nonpublic school.

     (c) A governing body or an organizer of a charter school may negotiate the rental rate for the curricular materials rented to any nonpublic school under subsection (b).

     (d) A governing body shall collect and deposit the amounts received from the rental of curricular materials to a nonpublic school into the school corporation‘s education fund.

     (e) An organizer of a charter school shall deposit all money received from the rental of curricular materials to a nonpublic school into the charter school’s education fund, or, if the charter school does not have an education fund, the same fund into which state tuition support is deposited for the charter school.

     (f) This section does not limit other laws.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-10.1-10-2.]

As added by P.L.1-2005, SEC.10. Amended by P.L.73-2011, SEC.9; P.L.286-2013, SEC.61; P.L.233-2015, SEC.151; P.L.201-2023, SEC.164; P.L.136-2024, SEC.42.