Indiana § 20-41-1-2 - Accounting as separate funds
Full text of Indiana Indiana Code § 20-41-1-2 — Accounting as separate funds, with citation guidance and answers to common questions.
§ 20-41-1-2. Accounting as separate funds
Sec. 2. Any self-supporting programs maintained by a school corporation, excluding school lunch, may be established as a separate fund, separate and apart from any other school corporation fund, if no local tax rate is established for the programs.
[Pre-2006 Recodification Citation: 21-2-11-5.]
As added by P.L.2-2006, SEC.164. Amended by P.L.286-2013, SEC.119; P.L.238-2019, SEC.16; P.L.201-2023, SEC.190; P.L.58-2023, SEC.7; P.L.201-2023, SEC.191.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-41-1-2
What does Indiana Code § 20-41-1-2 cover?
Section 20-41-1-2 ("Accounting as separate funds") 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 § 20-41-1-2?
A common citation format is "Indiana Code § 20-41-1-2" (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 § 20-41-1-2 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.