Indiana Statutes

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

Indiana § 21-31-4-2
JurisdictionIndiana
Title 21HIGHER EDUCATION
Art. 31STATE EDUCATIONAL INSTITUTIONS:
Ch. 4Leases

This text of Indiana § 21-31-4-2 (Application of section; term of leases) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 21-31-4-2 (2026).

Text

(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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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Repealed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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Bluebook (online)
Indiana § 21-31-4-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/21-31-4-2.