Indiana Statutes
§ 20-28-8-2.5 — Limitations regarding payments to buy out school principal or assistant principal contracts
Indiana § 20-28-8-2.5
This text of Indiana § 20-28-8-2.5 (Limitations regarding payments to buy out school principal or assistant principal contracts) 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 § 20-28-8-2.5 (2026).
Text
5.Unless a provision in a contract between
the governing body of a school corporation and a principal or an
assistant principal entered into or renewed before July 1, 2019,
provides otherwise, the governing body of a school corporation may not
pay to a principal or an assistant principal, to buy out a contract entered
into between the governing body and the principal or assistant
principal, an amount that exceeds an amount equal to the principal's or
assistant principal's salary for any one (1) year under the contract. The
principal's or assistant principal's salary under this section does not
include benefits or any other forms of compensation that the principal
or assistant principal receives as payment under the contract other than
the principal's or assistant principal's salary.
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Legislative History
As added by P.L.152-2019, SEC.2.
Nearby Sections
15
§ 20-17-1-1
"Prior law"§ 20-17-1-2
Purpose of recodification§ 20-17-1-3
Statutory construction of recodification§ 20-17-1-4
Effect of recodification§ 20-17-1-5
Recodification of prior law§ 20-17-1-6
References to repealed statutes§ 20-17-1-7
References to citations§ 20-17-1-8
References to prior rules§ 20-17-1-9
References to prior law§ 20-17-2-1
"Prior law"§ 20-17-2-2
Purpose of recodification§ 20-17-2-3
Statutory construction of recodification§ 20-17-2-4
Effect of recodification§ 20-17-2-5
Recodification of prior law§ 20-17-2-6
References to repealed statutesCite This Page — Counsel Stack
Bluebook (online)
Indiana § 20-28-8-2.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-28-8-2.5.