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Sec. 4. A reorganized school corporation that receives a grant under this chapter may use the grant for one (1) or more of the following purposes:
(1) Payment of expenses associated with the reorganization, including professional service fees, legal costs, and necessary capital expenditures.
(2) Providing salary bonuses to teachers. A bonus provided under this chapter is not subject to collective bargaining under IC 20-29-6, but a discussion of the bonus must be held.
Cite this article: FindLaw.com - Indiana Code Title 36. Local Government § 36-1.5-6-4 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-36-local-government/in-code-sect-36-1-5-6-4/
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