IC 20-24.5-1-7: Contract to establish school between state educational institution and governing body

Sec. 7. The governing body of a school corporation may enter into a contract with the board of trustees of a state educational institution to educate part or all of the students of the school corporation in a university administered school. The contract may fix:

(1) the compensation to be paid; and

(2) the date and time when payment will be made;

to the state educational institution for conducting a university administered school.