Indiana § 21-35-7-4 Power of state educational institutions to acquire real and personal
property

Indiana Statutes

§ 21-35-7-4 — Power of state educational institutions to acquire real and personal property

Indiana § 21-35-7-4

Title 21HIGHER EDUCATION

Art. 35STATE EDUCATIONAL INSTITUTIONS:

Ch. 7Revenue Producing Property; Financing Agreements

This text of Indiana § 21-35-7-4 (Power of state educational institutions to acquire real and personal property) 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 § 21-35-7-4 (2026).

Text

In addition to any other powers that a state educational institution has, the board of trustees of a state educational institution may:

(1)enter into agreements concerning and to acquire by:

(A)gift;

(B)purchase; or

(C)lease; land or interests in land and personal property needed for the purposes of this chapter;

(2)purchase, lease as lessee or lessor, construct, remodel, rebuild, enlarge, or substantially improve property;

(3)enter into financing agreements, including leasing land or property to users or developers, subject to this chapter; and

(4)enter into agreements with users or developers to allow users or developers to wholly or partially construct and manage property. [Pre-2007 Higher Education Recodification Citation: 20-12-1.5-3.]

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In addition to any other powers that a state
educational institution has, the board of trustees of a state educational
institution may:
(1) enter into agreements concerning and to acquire by:
(A) gift;
(B) purchase; or
(C) lease;
land or interests in land and personal property needed for the
purposes of this chapter;
(2) purchase, lease as lessee or lessor, construct, remodel, rebuild,
enlarge, or substantially improve property;
(3) enter into financing agreements, including leasing land or
property to users or developers, subject to this chapter; and
(4) enter into agreements with users or developers to allow users
or developers to wholly or partially construct and manage
property.
[Pre-2007 Higher Education Recodification Citation:
20-12-1.5-3.]