Indiana § 20-24-7-6 - Optional revenue sharing from operations

Full text of Indiana Indiana Code § 20-24-7-6 — Optional revenue sharing from operations, with citation guidance and answers to common questions.

§ 20-24-7-6. Optional revenue sharing from operations

Sec. 6. With the approval of a majority of the members of the governing body, a school corporation may distribute a proportionate share of the school corporation's operations fund to a charter school. A charter school may elect to distribute a proportionate share of the charter school's operations fund to the school corporation in whose district the charter school is located.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5.5-7-6.]

As added by P.L.1-2005, SEC.8. Amended by P.L.244-2017, SEC.29; P.L.154-2020, SEC.39; P.L.189-2023, SEC.4; P.L.68-2025, SEC.203; P.L.230-2025, SEC.131.

Source: official Indiana text · Last verified 2026-08-27

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Frequently Asked Questions About Indiana § 20-24-7-6

What does Indiana Code § 20-24-7-6 cover?

Section 20-24-7-6 ("Optional revenue sharing from operations") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 20-24-7-6?

A common citation format is "Indiana Code § 20-24-7-6" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 20-24-7-6 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.