Indiana § 20-23-18-13 Muncie Community School Corporation; DUAB financial support;
limits

Indiana Statutes

§ 20-23-18-13 — Muncie Community School Corporation; DUAB financial support; limits

Indiana·Title 20 EDUCATION·Art. 23 ORGANIZATION OF SCHOOL CORPORATIONS·Ch. 18 Muncie Community School Corporation

(a)Subject to subsection (b), during the period beginning July 1, 2018, and ending June 30, 2020, the distressed unit appeal board may provide financial support to the Muncie Community school corporation in an amount that does not exceed the amount of compensation that would have been provided to an emergency manager of the Muncie Community school corporation if the school corporation had retained the designation of a distressed political subdivision.

(b)The total amount of the financial support provided under this section may not exceed one million dollars ($1,000,000).

(c)Any financial assistance provided under subsection (a) shall be provided directly to the school corporation.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Subject to subsection (b), during the
period beginning July 1, 2018, and ending June 30, 2020, the distressed
unit appeal board may provide financial support to the Muncie
Community school corporation in an amount that does not exceed the
amount of compensation that would have been provided to an
emergency manager of the Muncie Community school corporation if
the school corporation had retained the designation of a distressed
political subdivision.
(b) The total amount of the financial support provided under this
section may not exceed one million dollars ($1,000,000).
(c) Any financial assistance provided under subsection (a) shall be
provided directly to the school corporation.

Indiana § 20-23-18-13 (Muncie Community School Corporation; DUAB financial support; limits) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.