Indiana Statutes

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

Indiana·Title 21 HIGHER EDUCATION·Art. 35 STATE EDUCATIONAL INSTITUTIONS:·Ch. 7 Revenue Producing Property; Financing Agreements

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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Indiana § 21-35-7-4 (Power of state educational institutions to acquire real and personal property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.2-2007, SEC.276.

Nearby Sections

15
§ 21-12-1-1
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"Fund"
§ 21-12-1-12
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§ 21-12-1-14
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