Indiana § 20-28-8-2.5 - Limitations regarding payments to buy out school principal or assistant principal contracts
Full text of Indiana Indiana Code § 20-28-8-2.5 — Limitations regarding payments to buy out school principal or assistant principal contracts, with citation guidance and answers to common questions.
§ 20-28-8-2.5. Limitations regarding payments to buy out school principal or assistant principal contracts
Sec. 2.5. Unless a provision in a contract between the governing body of a school corporation and a principal or an assistant principal entered into or renewed before July 1, 2019, provides otherwise, the governing body of a school corporation may not pay to a principal or an assistant principal, to buy out a contract entered into between the governing body and the principal or assistant principal, an amount that exceeds an amount equal to the principal's or assistant principal's salary for any one (1) year under the contract. The principal's or assistant principal's salary under this section does not include benefits or any other forms of compensation that the principal or assistant principal receives as payment under the contract other than the principal's or assistant principal's salary.
As added by P.L.152-2019, SEC.2.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-28-8-2.5
What does Indiana Code § 20-28-8-2.5 cover?
Section 20-28-8-2.5 ("Limitations regarding payments to buy out school principal or assistant principal contracts") 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 § 20-28-8-2.5?
A common citation format is "Indiana Code § 20-28-8-2.5" (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 § 20-28-8-2.5 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.