Property Damage; Insurance Proceeds

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Sec. 2. A governing body of a school corporation shall deposit insurance proceeds received as a result of damage to real or personal property in the school corporation's operations fund.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-5-6.]

As added by P.L.1-2005, SEC.10. Amended by P.L.244-2017, SEC.47.


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