Indiana § 20-19-7-12 DUAB determination of whether a corrective action plan is necessary

Indiana Statutes

§ 20-19-7-12 — DUAB determination of whether a corrective action plan is necessary

Indiana·Title 20 EDUCATION·Art. 19 STATE ADMINISTRATION OF ELEMENTARY·Ch. 7 School Corporation Financial Condition Analysis

(a)After reviewing:

(1)the assessment of a school corporation's financial condition under section 11 of this chapter; and

(2)the school corporation's fiscal and qualitative indicators; the DUAB shall make a determination of whether a corrective action plan is necessary for the school corporation.

(b)If the DUAB makes a determination that a corrective action plan is necessary for the school corporation, the DUAB shall notify the governing body and the superintendent of the school corporation that the school corporation must develop and submit to the DUAB a corrective action plan for the school corporation within ninety (90) days after the notice is provided.

(c)If a school corporation does not prepare and submit a corrective action plan to the DUAB within ninety (90) days after the not

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(a) After reviewing:
(1) the assessment of a school corporation's financial condition
under section 11 of this chapter; and
(2) the school corporation's fiscal and qualitative indicators;
the DUAB shall make a determination of whether a corrective action
plan is necessary for the school corporation.
(b) If the DUAB makes a determination that a corrective action plan
is necessary for the school corporation, the DUAB shall notify the
governing body and the superintendent of the school corporation that
the school corporation must develop and submit to the DUAB a
corrective action plan for the school corporation within ninety (90)
days after the notice is provided.
(c) If a school corporation does not prepare and submit a corrective
action plan to the DUAB within ninety (90) days after the notice is
provided under subsection (b), the DUAB shall place the school
corporation on the watch list under section 17 of this chapter.

Indiana § 20-19-7-12 (DUAB determination of whether a corrective action plan is necessary) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.