Indiana Code 20-42-2-7. Annual distribution of balance to school corporations
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Terms Used In Indiana Code 20-42-2-7
- 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. 7. The county auditor of each county or the treasurer of state shall, semiannually, on the second Monday of July and on the last Monday in January make apportionment of the amount of the congressional township school revenue belonging to each school corporation. The apportionment shall be paid to each school corporation’s treasurer.
[Pre-2006 Recodification Citation: 21-1-1-54 part.]
As added by P.L.2-2006, SEC.165. Amended by P.L.39-2008, SEC.4.