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Terms Used In Indiana Code 20-41-2-4

  • 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. 4. A governing body in operating a school lunch program under IC 20-26-5-4(a)(11) must supervise and control the program through the school corporation account, establishing a school lunch fund.

[Pre-2006 Recodification Citation: 20-26-5-15.]

As added by P.L.2-2006, SEC.164. Amended by P.L.233-2015, SEC.295; P.L.118-2016, SEC.17; P.L.58-2023, SEC.12.