Indiana Code 20-26-15-9. Contract amendment
Current as of: 2024 | Check for updates
|
Other versions
Sec. 9. (a) Subject to subsection (b), the governing body of a freeway school corporation and the state board acting jointly may amend a contract entered into under this chapter:
(2) to alter the educational benefits to a level that is not below the minimum educational benefits listed in section 7 of this chapter; or
(1) to comply with any law enacted subsequent to the formation of the contract;
Terms Used In Indiana Code 20-26-15-9
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Contract: A legal written agreement that becomes binding when signed.
- contract: refers to a contract entered into under this chapter for the establishment of:
Indiana Code 20-26-15-1
- 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.
- freeway school: refers to :
Indiana Code 20-26-15-2
(3) for a purpose jointly agreed to by the parties.
(b) An amendment made under subsection (a) may not extend the term of a contract in effect on June 30, 2020.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-62-9.]
As added by P.L.1-2005, SEC.10. Amended by P.L.92-2020, SEC.36.