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20-19-7-9. DUAB executive director report to the state budget committee; identify school corporations that demonstrate signs of financial distress; corrective action plan

IN Code § 20-19-7-9 (2019) (N/A)
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Sec. 9. The executive director shall present to the state budget committee a report concerning the processes that will be used by DUAB and the executive director to do the following:

(1) Identify school corporations that demonstrate signs of financial distress.

(2) Determine when a corrective action plan is necessary for a school corporation.

(3) Determine the conditions that must be satisfied before a school corporation:

(A) will no longer be subject to a corrective action plan; and

(B) will be considered as financially healthy.

As added by P.L.213-2018(ss), SEC.15.

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20-19-7-8. DUAB policies and procedures
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20-19-7-10. DUAB executive director initial report to DUAB identifying school corporations that may need a corrective action plan; DUAB determinations for contacting school corporations for an assessment