Ind. Code § 20-40-18-1
Operations fund created
Redline — January 1, 2023 → current.View current text →
Current — January 1, 2025
As of January 1, 2023
Note: This version of section effective until 7-1-2024. See also following version of this section, effective 7-1-2024.
Sec. 1. The governing body of each school corporation shall create an operations fund to be used by the school corporation after December 31, 2018.
Sec. 1. (a) The governing body of each school corporation shall create an operations fund to be used by the school corporation after December 31, 2018.
(b) The governing body of each charter school that receives a distribution of revenue received from a tax levy under IC 20-46-8-11.2 or IC 20-46-8-12 shall create an operations fund to be used by the charter school after December 31, 2024.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.