Sec. 1. (a) The chief executive officer shall annually present to the board the needs and requests of the corporation and a proposed budget.

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Terms Used In Indiana Code 4-37-6-1

  • 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.
     (b) The chief executive officer shall present the proposed biennial and board approved annual budget of the corporation to the governor. The proposed budget is subject to IC 4-12-1 if the proposed budget includes funding to be appropriated from the state general fund.

As added by P.L.167-2011, SEC.1.

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