Indiana Code Title 20. Education § 20-24-7-17

Sec. 17. (a) This section is in addition to any other requirement imposed on a charter school with respect to the closure of a charter school, including the payment of any outstanding debts.

(b) At the time of the closure of a charter school, the charter school shall return any money remaining unexpended from any distribution of property tax revenue received from a levy referred to in sections 6.1 and 6.2 of this chapter to the school corporation that made the distribution.  A charter school that closes is not entitled to any future distributions of property tax revenue from a levy referred to in sections 6.1 and 6.2 of this chapter.

(c) If a charter school has outstanding debt at the time of the closure, the charter school must satisfy the outstanding debt in accordance with the following:

(d) A charter school that closes must notify the county auditor of the county in which the charter school is located of the closure and provide the county auditor with a copy of the:

to close the charter school.