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Terms Used In Indiana Code 20-27-5-3

  • 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. 3. If a school corporation provides transportation for students, the governing body of the school corporation is responsible for obtaining the necessary school buses and school bus drivers.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-9.1-2-2.]

As added by P.L.1-2005, SEC.11.