Indiana § 21-35-2-4 Prior contracts validated

Indiana Statutes

§ 21-35-2-4 — Prior contracts validated

Indiana·Title 21 HIGHER EDUCATION·Art. 35 STATE EDUCATIONAL INSTITUTIONS:·Ch. 2 Construction and Operation of Fieldhouses,

(a)Sections 20 through 23 of this chapter may not be construed to affect the validity of:

(1)any contracts executed before March 9, 1965; or

(2)any bonds contracted to be sold before March 9, 1965.

(b)Sections 20 through 23 of this chapter do not apply to:

(1)any facilities:

(A)approved by:

(i)the budget agency or any predecessor to the budget agency; and

(ii)the governor; before March 9, 1965; or

(B)for which temporary or interim financing commitments were made before March 9, 1965; or

(2)the issuance of bonds for any facilities described in subdivision (1). [Pre-2007 Higher Education Recodification Citation: 20-12-7-11.]

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(a) Sections 20 through 23 of this chapter may
not be construed to affect the validity of:
(1) any contracts executed before March 9, 1965; or
(2) any bonds contracted to be sold before March 9, 1965.
(b) Sections 20 through 23 of this chapter do not apply to:
(1) any facilities:
(A) approved by:
(i) the budget agency or any predecessor to the budget
agency; and
(ii) the governor;
before March 9, 1965; or
(B) for which temporary or interim financing commitments
were made before March 9, 1965; or
(2) the issuance of bonds for any facilities described in
subdivision (1).
[Pre-2007 Higher Education Recodification Citation:
20-12-7-11.]

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