Indiana § 21-35-4-3 Issuance of bonds for the erection and construction of dormitories

Indiana Statutes

§ 21-35-4-3 — Issuance of bonds for the erection and construction of dormitories

Indiana § 21-35-4-3

Title 21HIGHER EDUCATION

Art. 35STATE EDUCATIONAL INSTITUTIONS:

Ch. 4Indiana State University; Dormitories

This text of Indiana § 21-35-4-3 (Issuance of bonds for the erection and construction of dormitories) 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 § 21-35-4-3 (2026).

Text

Whenever the board of trustees of Indiana State University finds that:

(1)a necessity exists for the building of a dormitory for the housing of students; and

(2)sufficient funds for the erection and construction of the dormitory for the housing of students will not be available out of the revenues and funds of Indiana State University in the year in which the necessity exists; the board of trustees may issue and sell the bonds of the board of trustees. [Pre-2007 Higher Education Recodification Citation: 20-12-53-1(a) part.]

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Whenever the board of trustees of Indiana State
University finds that:
(1) a necessity exists for the building of a dormitory for the
housing of students; and
(2) sufficient funds for the erection and construction of the
dormitory for the housing of students will not be available out of
the revenues and funds of Indiana State University in the year in
which the necessity exists;
the board of trustees may issue and sell the bonds of the board of
trustees.
[Pre-2007 Higher Education Recodification Citation:
20-12-53-1(a) part.]