Sec. 1. The following definitions apply throughout this chapter: (1) “Account” has the meaning set forth in IC 5-10.4-8-2. (2) “Plan” has the meaning set forth in IC 5-10.4-8-2. As added by P.L.217-2017, SEC.59. Amended by P.L.27-2019, SEC.18.
Sec. 2. On the effective date of the plan, a school corporation becomes a participant in the plan. As added by P.L.217-2017, SEC.59.
Sec. 3. After a school corporation becomes a participant in the plan, its governing body may make appropriations, make payments, and do all things required under IC 5-10.4-8. As added by P.L.217-2017, SEC.59.
Sec. 4. The board shall maintain separate accounts for each contribution rate group. Credits and charges to these accounts shall be made as prescribed under IC 5-10.4-8. As added by P.L.217-2017, SEC.59.
Sec. 5. A school corporation shall make the appropriations and payments required under this article and IC 5-10.2 from its education fund or operations fund in accordance with the categories of expenditures established under IC 20-42.5-3. As added by P.L.217-2017, SEC.59. Amended by P.L.238-2019, SEC.7.
Sec. 6. If a school corporation fails to make payments required by this chapter, the amount payable may be: (1) withheld by the auditor of state from money payable to the school corporation and transferred to the plan; or (2) recovered in a suit in the circuit or superior court of the county in which […]
