Sec. 2. (a) A governing body may purchase from a publisher any curricular material selected by the proper local officials. The governing body may rent the curricular materials to students enrolled in any public or nonpublic school that is:
(1) in compliance with the minimum certification standards of the state board; and
(2) located within the attendance unit served by the governing body.
The annual rental rate may not exceed twenty-five percent (25%) of the retail price of the curricular materials.
(b) Notwithstanding subsection (a), the governing body may not assess a rental fee of more than twenty-five percent (25%) of the retail price of curricular materials that have been:
(1) extended for usage by students under section 24(e) of this chapter; and
(2) paid for through rental fees previously collected.
(c) This section does not limit other laws.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-10.1-10-2.]
As added by P.L.1-2005, SEC.10. Amended by P.L.73-2011, SEC.9; P.L.286-2013, SEC.61; P.L.233-2015, SEC.151.