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. [Pre-2007 Higher Education Recodification Citation: 20-12-13-1 part.]
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