Indiana Statutes

§ 20-27-5-27 — Transportation or fleet contract; cancellation; purchase of equipment

Indiana § 20-27-5-27
JurisdictionIndiana
Title 20EDUCATION
Art. 27SCHOOL TRANSPORTATION
Ch. 5Transportation Contracts

This text of Indiana § 20-27-5-27 (Transportation or fleet contract; cancellation; purchase of equipment) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 20-27-5-27 (2026).

Text

If a transportation or fleet contract is canceled by a governing body under this chapter, the governing body may purchase the school bus equipment owned by the school bus driver or fleet contractor and used under the transportation contract. The purchase price is the fair market value of the equipment as determined by agreement of the governing body and the school bus driver or fleet contractor. [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-9.1-2-23.]

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Legislative History

As added by P.L.1-2005, SEC.11.

Nearby Sections

15
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Bluebook (online)
Indiana § 20-27-5-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-27-5-27.