Indiana Statutes
§ 21-30-3-3 — Board; use of transferred property
Indiana·Title 21 HIGHER EDUCATION·Art. 30 STATE EDUCATIONAL INSTITUTIONS:·Ch. 3 Gifts, Bequests, and Devises; Annuity Gifts; State
The board of trustees of a state educational
institution may receive, accept, hold, administer, and use any property
transferred to the board of trustees by gift, bequest, or devise, with the
terms, conditions, obligations, liabilities, and burdens imposed on the
gift, bequest, or devise, if, in the judgment of the board of trustees, it
is for the best interest of the educational institution receiving the gift,
bequest, or devise.
[Pre-2007 Higher Education Recodification Citation:
20-12-4-2(a).]
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Legislative History
As added by P.L.2-2007, SEC.271.
Nearby Sections
15
§ 21-12-1-1
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"Fund"§ 21-12-1-11.5
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Repealed§ 21-12-1-13
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