IC 20-26-1 through IC 20-26-5, IC 20-26-7, IC 20-40-12, and IC 20-48-1 shall be liberally construed to permit the governing body of a school corporation to conduct its affairs in a manner consistent with sound business practice to the ends that the authority of the governing body is clarified and that it is permitted to operate with the maximum efficiency consistent with accountability.[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-6-3.]As added by P.L.1-2005, SEC.10. Amended by P.L.2-2006, SEC.120.
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