Establishment of education fund
Ind. Code § 20-40-2-2
in effectSec. 2. (a) The governing body of each school corporation shall establish an education fund for the payment of expenses that are allocated to student instruction and learning under IC 20-42.5.
(b) The governing body of a 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 establish an education fund for the payment of expenses that are allocated to student instruction and learning under IC 20-42.5.
[Pre-2006 Recodification Citation: 21-2-11-2 part.]
As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.67; P.L.201-2023, SEC.181; P.L.68-2025, SEC.210.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026