Indiana Code > Title 20 > Article 24.5 > Chapter 2 – Laboratory Schools
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Terms Used In Indiana Code > Title 20 > Article 24.5 > Chapter 2 - Laboratory Schools
- board of trustees: has the meaning set forth in IC 21-7-13-9. See Indiana Code 20-24.5-2-2
- 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.
- 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
- 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.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5