Indiana Statutes

§ 21-31-4-2 — Application of section; term of leases

Indiana·Title 21 HIGHER EDUCATION·Art. 31 STATE EDUCATIONAL INSTITUTIONS:·Ch. 4 Leases
(a)This section applies to the board of trustees of the following state educational institutions:
(1)Ball State University.
(2)Indiana University.
(3)Indiana State University.
(4)Purdue University.
(5)University of Southern Indiana.
(b)The board of trustees of a state educational institution may enter into a lease if the board of trustees determines that the lease is in the best interest of the state educational institution. A lease may not be executed under this chapter for a term exceeding four (4) years unless the execution is approved by the:
(1)governor; and
(2)budget agency. [Pre-2007 Higher Education Recodification Citation: 20-12-1-2(b) part.]

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Indiana § 21-31-4-2 (Application of section; term of leases) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.2-2007, SEC.272.

Nearby Sections

15
§ 21-12-1-1
Definitions
§ 21-12-1-11
"Fund"
§ 21-12-1-12
Repealed
§ 21-12-1-13
"Program"
§ 21-12-1-14
"Scholarship"
§ 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"
§ 21-12-1-6
"Commission"
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