Separate accounts for each school corporation and each employer group

Ind. Code § 5-10.4-7-10
in effect
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Sec. 10. (a) Except as provided in subsection (b), the board shall maintain separate reserve accounts within the 1996 account for each school corporation. (b) If the board sets a group employer rate under IC 5-10.2-2-11(b), the board shall maintain separate reserve accounts within the 1996 account for each employer group. (c) Credits and charges to these accounts must be made as prescribed in IC 5-10.2-2. [Pre-2006 Education Finance Recodification Citation: 21-6.1-7-11.] As added by P.L.2-2006, SEC.28. Amended by P.L.115-2009, SEC.20.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/5Fetched: 10/17/2026

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