2017 Indiana Code
TITLE 20. Education
ARTICLE 26. SCHOOL CORPORATIONS: GENERAL ADMINISTRATIVE PROVISIONS
CHAPTER 7. Property and Eminent Domain
20-26-7-2. Property damage; insurance proceeds
Note: This version of section effective until 1-1-2019. See also following version of this section, effective 1-1-2019.
Sec. 2. A governing body of a school corporation may deposit insurance proceeds received as a result of damage to real or personal property in any school fund:
(1) established under applicable law; and
(2) that the governing body considers appropriate.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-5-6.]
As added by P.L.1-2005, SEC.10.
IC 20-26-7-2 Property damage; insurance proceeds
Note: This version of section effective 1-1-2019. See also preceding version of this section, effective until 1-1-2019.
Sec. 2. A governing body of a school corporation shall deposit insurance proceeds received as a result of damage to real or personal property in the school corporation's operations fund.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-5-6.]
As added by P.L.1-2005, SEC.10. Amended by P.L.244-2017, SEC.47.
