Indiana § 20-51.4-3-2 Administration of the ESA program and CSA program

Indiana Statutes

§ 20-51.4-3-2 — Administration of the ESA program and CSA program

Indiana § 20-51.4-3-2

Title 20EDUCATION

Art. 51.4INDIANA EDUCATION SCHOLARSHIP

Ch. 3Administration of Indiana Education Scholarship and

This text of Indiana § 20-51.4-3-2 (Administration of the ESA program and CSA program) 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 § 20-51.4-3-2 (2026).

Text

Note: This version of section effective until 7-1-2026. See also following version of this section, effective 7-1-2026. Sec. 2.

(a)The ESA program shall be administered by the treasurer of state in consultation with the state board and the department.

(b)The CSA program shall be administered by the treasurer of state in consultation with the commission for higher education and the department. The treasurer of state may contract with one (1) or more entities under IC 5-22-6 to maintain and manage CSA accounts under IC 20-51.4-4.5.

(c)The treasurer of state may contract with one (1) or more entities to maintain and manage ESA accounts established under IC 20-51.4-4-1 after issuing a request for proposal under IC 5-22-9. Each entity shall:

(1)meet qualification requirements established by

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Note: This version of section effective until 7-1-2026. See also
following version of this section, effective 7-1-2026.
Sec. 2. (a) The ESA program shall be administered
by the treasurer of state in consultation with the state board and the
department.
(b) The CSA program shall be administered by the treasurer of state
in consultation with the commission for higher education and the
department. The treasurer of state may contract with one (1) or more
entities under IC 5-22-6 to maintain and manage CSA accounts under
IC 20-51.4-4.5.
(c) The treasurer of state may contract with one (1) or more entities
to maintain and manage ESA accounts established under IC 20-51.4-4-1 after issuing a request for proposal under IC 5-22-9. Each
entity shall:
(1) meet qualification requirements established by the treasurer
of state; and
(2) comply with generally accepted accounting principles.
(d) The treasurer of state shall establish reasonable fees for entities
described in subsection (c) participating in the program based upon
market rates.