Terms Used In Indiana Code > Title 20 > Article 24.5 - University Administered Schools

• academy: refers to the Indiana academy for science, mathematics, and humanities established under this chapter. See Indiana Code 20-24.5-3-2
• board of trustees: has the meaning set forth in IC 21-7-13-9. See Indiana Code 20-24.5-1-3
• board of trustees: has the meaning set forth in IC 21-7-13-9. See Indiana Code 20-24.5-2-2
• board of trustees: refers to the board of trustees for the Vincennes University. See Indiana Code 20-24.5-5-2
• Contract: A legal written agreement that becomes binding when signed.
• contract: refers to a contract made under this chapter between a state educational institution and a school corporation to educate part or all of the students of one (1) or more school corporations in a university administered school. See Indiana Code 20-24.5-1-4
• 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.
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Dependent: A person dependent for support upon another.
• grammar school: refers to the grammar school established by Vincennes University under this chapter. See Indiana Code 20-24.5-5-3
• laboratory school: refers to a preschool, an elementary school, or a high school described in section 4 of this chapter. See Indiana Code 20-24.5-2-3
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• school for the arts: refers to the Indiana school for the arts established under this chapter. See Indiana Code 20-24.5-4-2
• university administered school: refers to a preschool, an elementary school, or a high school established by a state educational institution in a county in Indiana where the state educational institution is located to instruct children in the county in the subjects and branches of learning taught in the public schools. See Indiana Code 20-24.5-1-5
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5