Indiana Statutes

§ 21-30-5-6 — Sale or conveyance of property received by gift or bequest

Indiana·Title 21 HIGHER EDUCATION·Art. 30 STATE EDUCATIONAL INSTITUTIONS:·Ch. 5 Gifts, Bequests, and Devises; Vincennes University

The board of trustees may, if not inconsistent with the terms and conditions of the gift, bequest, or devise:

(1)sell, convey, or otherwise dispose of real property received as a gift, bequest, or devise; and
(2)invest, reinvest, or use the proceeds derived from the sale, conveyance, or disposition of the real property; if the board of trustees determines that the action will be of the greatest benefit to Vincennes University. [Pre-2007 Higher Education Recodification Citation: 23-13-18-26 part.]

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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"
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§ 21-12-1-14
"Scholarship"
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