Indiana § 20-19-7-8 DUAB policies and procedures

Indiana Statutes

§ 20-19-7-8 — DUAB policies and procedures

Indiana § 20-19-7-8

Title 20EDUCATION

Art. 19STATE ADMINISTRATION OF ELEMENTARY

Ch. 7School Corporation Financial Condition Analysis

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Bluebook

Ind. Code § 20-19-7-8 (2026).

Text

The DUAB may adopt policies and procedures that will be used by the DUAB to implement this chapter. Policies and procedures adopted under this section may include processes that will be used by the DUAB to do the following:

(1)Identify school corporations that demonstrate signs of financial distress.

(2)Determine when a corrective action plan is necessary for a school corporation.

(3)Determine the conditions that must be satisfied before a school corporation:

(A)will no longer be subject to a corrective action plan; and

(B)will be considered as financially healthy.

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The DUAB may adopt policies and procedures
that will be used by the DUAB to implement this chapter. Policies and
procedures adopted under this section may include processes that will
be used by the DUAB to do the following:
(1) Identify school corporations that demonstrate signs of
financial distress.
(2) Determine when a corrective action plan is necessary for a
school corporation.
(3) Determine the conditions that must be satisfied before a
school corporation:
(A) will no longer be subject to a corrective action plan; and
(B) will be considered as financially healthy.