Indiana Statutes
§ 21-28-3-6 — Finance
Indiana·Title 21 HIGHER EDUCATION·Art. 28 STATE EDUCATIONAL INSTITUTIONS:·Ch. 3 Midwestern Higher Education Compact
ARTICLE V. FINANCE.
(a)The money
necessary to finance the general operations of the Commission not
otherwise provided for in carrying forth its duties, responsibilities, and
powers as stated in this chapter shall be appropriated to the
Commission by the compacting states, when authorized by the
respective legislatures by equal apportionment among the compacting
states.
(b)The Commission shall not incur any obligations of any kind
prior to the making of appropriations adequate to meet the same; nor
shall the Commission pledge the credit of any of the compacting states,
except by and with the authority of the compacting state.
(c)The Commission shall keep accurate accounts of all receipts and
disbursements. The receipts and disbursements of the Commission
shall be subject to the audit and
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Legislative History
As added by P.L.2-2007, SEC.269.
Nearby Sections
15
§ 21-12-1-1
Definitions§ 21-12-1-10
"Frank O'Bannon grant"§ 21-12-1-11
"Fund"§ 21-12-1-11.5
"Prior learning assessment"§ 21-12-1-12
Repealed§ 21-12-1-13
"Program"§ 21-12-1-14
"Scholarship"§ 21-12-1-15
"Scholarship applicant"§ 21-12-1-16
"Scholarship recipient"§ 21-12-1-2
"Academic term"§ 21-12-1-3
"Academic year"§ 21-12-1-4
"Active duty"§ 21-12-1-4.5
"Adult student grant"§ 21-12-1-5
"Approved secondary school"§ 21-12-1-6
"Commission"