Indiana Statutes
§ 20-40-18-1 — Operations fund created
Indiana·Title 20 EDUCATION·Art. 40 GOVERNMENT FUNDS AND ACCOUNTS·Ch. 18 School Corporation Operations Fund
(a)The governing body of each school
corporation shall create an operations fund to be used by the school
corporation after December 31, 2018.
(b)The governing body of each charter school that receives a
distribution of revenue received from a tax levy under IC 20-46-8-11.2
or IC 20-46-8-12 shall create an operations fund to be used by the
charter school after December 31, 2024.
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Legislative History
As added by P.L.244-2017, SEC.86. Amended by P.L.201-2023,
SEC.185; P.L.68-2025, SEC.212.
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References to repealed statutes§ 20-17-1-7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References to repealed statutes