Ind. Code § 20-40-3-5 – Uses; transfers to education or operations fund; transfer to a charter school

(a) Money in the fund may be used for any lawful school expenses, including making a transfer to the school corporation's education fund ( IC 20-40-2 ) or operations fund ( IC 20-40-18 ).
(b) A school corporation may distribute proceeds of a tax levy collected under IC 20-46-1 that is transferred to the school corporation's education fund to a charter school, excluding a virtual charter school, that is located within the attendance area of the school corporation.
[Pre-2006 Recodification Citation: 21-2-11.6-3(c) part.]

As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.75; P.L.154-2020, SEC.40.