§ 21-34-5-9 — Board; powers and duties

Indiana § 21-34-5-9

• Jurisdiction: Indiana
• Title 21: HIGHER EDUCATION
• Art. 34: STATE EDUCATIONAL INSTITUTIONS:
• Ch. 5: Building Facilities Fees; Building Facilities Fund

Text

The board of trustees of each state educational
institution that is a party to a joint use agreement shall:
(1) fix, charge, and collect its own building facilities fees; and
(2) establish, hold, invest, and use its own building facilities fund.
The board of trustees may use the building facilities fees and the money
in the building facilities fund and any other available funds to pay its
portion of the cost of the joint building facility as provided in the joint
use agreement. The board of trustees of a state educational institution
may not have any authority or responsibility with respect to the
building facilities fees or fund of any other state educational institution.
[Pre-2007 Higher Education Recodification Citation:
20-12-6-9(c).]

Legislative History

As added by P.L.2-2007, SEC.275.