IC 20-23-19 – Dissolution of Union School Corporation | Midpage

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Indiana Code

Chapter 19

IC 20-23-19

Dissolution of Union School Corporation

1"Annex"2Dissolution of school corporation on July 1, 2027 3Annexation of territory of school corporation; prohibition on issuing new bonds after July 1, 2027 4Sale of building and real property owned by the school corporation before dissolution; procedures if sale does not occur 5Payment of existing debts and liabilities of the dissolving school corporation 6Division and transfer of any remaining unencumbered funds 7Plans for annexed territory of the dissolving school corporation to be adopted not later than May 15, 2027 8Determination of residency in annexing districts; attribution and distribution of property tax revenue 9Applicability 10Expiration