Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 20-46-9-18

  • 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.
  • levy: refers to the property tax levy imposed under this chapter. See Indiana Code 20-46-9-2
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
   Sec. 18. A school corporation‘s levy under this chapter may not be considered in the determination of the school corporation’s state tuition support distribution under IC 20-43 or the determination of any other property tax levy imposed by the school corporation.

As added by P.L.272-2019, SEC.12.