Indiana § 21-35-1-7 "Income"

Indiana Statutes

§ 21-35-1-7 — "Income"

Indiana·Title 21 HIGHER EDUCATION·Art. 35 STATE EDUCATIONAL INSTITUTIONS:·Ch. 1 General Provisions; Definitions

"Income":

(1)for purposes of IC 21-35-2, with respect to any property, includes the sum of all mandatory student service fees:

(A)collected for the use of the property; and

(B)assessed against the students of the institution; to provide security for bonds issued under IC 21-35-2; and

(2)for purposes of IC 21-35-3, with respect to a campus facility, includes the sum of all mandatory student service fees:

(A)collected for the use of the facility; and

(B)assessed against the students of the institution; to provide security for bonds issued under IC 21-35-3. [Pre-2007 Higher Education Recodification Citations: 20-12-7-1.2; 20-12-8-1.2.]

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"Income":
(1) for purposes of IC 21-35-2, with respect to any property,
includes the sum of all mandatory student service fees:
(A) collected for the use of the property; and
(B) assessed against the students of the institution;
to provide security for bonds issued under IC 21-35-2; and
(2) for purposes of IC 21-35-3, with respect to a campus facility,
includes the sum of all mandatory student service fees:
(A) collected for the use of the facility; and
(B) assessed against the students of the institution;
to provide security for bonds issued under IC 21-35-3.
[Pre-2007 Higher Education Recodification Citations:
20-12-7-1.2; 20-12-8-1.2.]

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