Section 20-31-9.5-12 - Management and operation of transformation zones; agreement(a) This section applies to a transformation zone granted designation by the state board under section 9.5 of this chapter after June 30, 2022.(b) If the state board grants the designation of a transformation zone within a school corporation under section 9.5 of this chapter, the governing body of the school corporation may enter into an agreement with a nonprofit organization to manage and operate all of the schools included in the transformation zone.(c) An agreement entered into under subsection (b) must:(1) provide that the nonprofit organization has managerial and operational autonomy over the schools included in the transformation zone; and(2) include details regarding the funding structure of the transformation zone.Added by P.L. 140-2022,SEC. 4, eff. 7/1/2022.