§ 20-25-4-18 — Authority of school cities to accept property in trust

Indiana § 20-25-4-18

• Jurisdiction: Indiana
• Title 20: EDUCATION
• Art. 25: INDIANAPOLIS PUBLIC SCHOOLS
• Ch. 4: General Administrative Provisions

Text

(a) A school city may accept property in trust
to be used for common school or career and technical, trade, or
industrial school purposes. The school city, whether made trustee by
appointment of a court or by the founder of the trust, may carry out the
terms of the trust in conducting common schools or career and
technical, trade, or industrial schools.
(b) If a school city by:
(1) resolution of; or
(2) other formal corporate action of;
the board accepts real estate or other property in trust under subsection
(a), the school city shall perform all requirements made conditions of
the trust performable by the trustee.
[Pre-2005 Elementary and Secondary Education
Recodification Citation: 20-3-11-29.]

Legislative History

As added by P.L.1-2005, SEC.9. Amended by P.L.234-2007, SEC.103.