Indiana Statutes
§ 21-32-2-3 — Additional powers of state educational institution
Indiana·Title 21 HIGHER EDUCATION·Art. 32 STATE EDUCATIONAL INSTITUTIONS: BONDS·Ch. 2 Temporary Borrowings; Loans; Lines of Credit; Credit
(a)A state educational institution may:
(1)negotiate:
(A)a loan;
(B)a line of credit; or
(C)any other credit facility; and
(2)issue a note for a credit facility;
with any institution or entity on the terms and conditions that the state
educational institution determines.
(b)A state educational institution may make the determinations
under this section by:
(1)the adoption of a resolution; or
(2)the approval of an agreement between the state educational
institution and the institution or entity.
[Pre-2007 Higher Education Recodification Citation:
20-12-9.5-4.]
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Legislative History
As added by P.L.2-2007, SEC.273.
Nearby Sections
15
§ 21-12-1-1
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"Frank O'Bannon grant"§ 21-12-1-11
"Fund"§ 21-12-1-11.5
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Repealed§ 21-12-1-13
"Program"§ 21-12-1-14
"Scholarship"§ 21-12-1-15
"Scholarship applicant"§ 21-12-1-16
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"Academic year"§ 21-12-1-4
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