Sec. 3. The governing body of each school corporation for which a levy is:
(1) transferred; or
(2) approved;
under IC 20-46-1 shall establish an operating referendum tax levy fund.
Establishment of fund
Applied in 1 court decision — leading case T.V. v. Smith-Green Community School Corp. (2011)
Most recently applied in T.V. v. Smith-Green Community School Corp. (August 2011)
As added by P.L.2-2006, SEC.163
Sec. 3. The governing body of each school corporation for which a levy is:
(1) transferred; or
(2) approved;
under IC 20-46-1 shall establish an operating referendum tax levy fund.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.