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Sec. 11. As used in this chapter, “entitlement” of a qualified school corporation is that part of the fund:

(1) to which any qualified school corporation is entitled for any calendar year; and

(2) on the basis of which the tax is set under this chapter.

[Pre-2006 Recodification Citation: 21-2-12-3(i).]

As added by P.L.2-2006, SEC.168.