Sec. 14. (a) This section applies to:
(1) a school corporation that has ceased to be a freeway school corporation; and
(2) a school that has ceased to be a freeway school.
(b) If an action taken by a school corporation or school described in subsection (a) while a contract was in effect was legal at the time the action was taken because of the waiver of a statute or rule in the contract, the action remains legal after the contract becomes void.
(c) An action taken by a school corporation or school described in subsection (a) after the date on which a contract becomes void must be in compliance with existing statutes and rules.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-62-14.]
As added by P.L.1-2005, SEC.10.