Ind. Code § 20-27-4-1

Current through P.L. 171-2024
Section 20-27-4-1 - Authority to purchase school buses

A school corporation may purchase a school bus or special purpose bus to furnish transportation for students. The school corporation may purchase:

(1) both the body and the chassis of a school bus; or
(2) either the body or the chassis.

A purchase may be made for cash or under the terms of a security agreement.

IC 20-27-4-1

Pre-2005 Elementary and Secondary Education Recodification Citation: 20-9.1-6-1.

As added by P.L. 1-2005, SEC.11.