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Terms Used In Indiana Code 20-40-21-3

  • 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.
  • fund: refers to a school safety referendum debt service fund established under section 2 of this chapter. See Indiana Code 20-40-21-1
   Sec. 3. The fund consists of any amounts transferred into the fund from a school corporation‘s school safety referendum tax levy fund (IC 20-40-20).

As added by P.L.272-2019, SEC.9.