Indiana Statutes

§ 21-7-14-4 — Fund investment

Indiana § 21-7-14-4
JurisdictionIndiana
Title 21HIGHER EDUCATION
Art. 7STATE UNIVERSITIES
Ch. 14Indiana University Permanent Endowment Fund

This text of Indiana § 21-7-14-4 (Fund investment) 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 § 21-7-14-4 (2026).

Text

Except as provided in this chapter, the fund shall be invested in:

(1)bonds, notes, certificates, and other valid obligations of the United States;
(2)bonds, notes, debentures, and other securities issued by any federal instrumentality and fully guaranteed by the United States;
(3)bonds, notes, certificates, and other valid obligations of any state of the United States or any county, township, city, town, or other political subdivision in Indiana that are issued under law, the issuers of which, for five (5) years before the date of the investment, have promptly paid the principal and interest on their bonds and other legal obligations in lawful money of the United States; or
(4)bonds, notes, or other securities issued by the Indiana bond bank and described in IC 5-13-10.5-11(3). [Pre-2

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Legislative History

As added by P.L.2-2007, SEC.244.

Nearby Sections

15
§ 21-12-1-1
Definitions
§ 21-12-1-11
"Fund"
§ 21-12-1-12
Repealed
§ 21-12-1-13
"Program"
§ 21-12-1-14
"Scholarship"
§ 21-12-1-2
"Academic term"
§ 21-12-1-3
"Academic year"
§ 21-12-1-4
"Active duty"
§ 21-12-1-4.5
"Adult student grant"
§ 21-12-1-6
"Commission"
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Bluebook (online)
Indiana § 21-7-14-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/21-7-14-4.