1. (a) An individual who:

   1. (1) serves under contract as a teacher in a public school corporation before July 1, 2012; and

   2. (2) at any time before July 1, 2012, enters into a teacher's contract for further service with the school corporation;

      becomes, by entering into the contract described in subdivision (2), an established teacher of the school corporation. When a contract between the school corporation and an established teacher expires by the contract's terms, the contract is considered to continue indefinitely as an indefinite contract, subject to IC 20-28-7.5 .

2. (b) An indefinite contract remains in force until the indefinite contract is:

   1. (1) replaced by a new contract signed by both parties; or

   2. (2) canceled as provided in IC 20-28-7.5 .

      [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-6.1-4-9.]

As added by P.L.1-2005, SEC.12. Amended by P.L.43-2010, SEC.1; P.L.90-2011, SEC.30.