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Terms Used In Indiana Code 20-35-1-6

  • 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. 6. “School corporation” means a corporation authorized by law to establish public schools and levy taxes for the maintenance of the schools.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-1-6-1(4).]

As added by P.L.1-2005, SEC.19.