20-47-1-2. "Public school endowment corporation"

IN Code § 20-47-1-2 (2019) (N/A)
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Sec. 2. As used in this chapter, "public school endowment corporation" means a corporation that is:

(1) organized under the Indiana Nonprofit Corporation Act of 1991 (IC 23-17);

(2) organized exclusively for educational, charitable, and scientific purposes; and

(3) formed to provide educational resources to:

(A) a particular school corporation or school corporations; or

(B) the schools in a particular geographic area.

[Pre-2006 Recodification Citation: 20-26-5-21(a).]

As added by P.L.2-2006, SEC.170.