Indiana Statutes

§ 23-13-20-8 — Application of funds; donations, devises, and bequests

Indiana § 23-13-20-8
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 13EDUCATIONAL INSTITUTIONS
Ch. 20University of Evansville

This text of Indiana § 23-13-20-8 (Application of funds; donations, devises, and bequests) 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 § 23-13-20-8 (2026).

Text

The board of trustees shall faithfully apply all funds collected by the board according to its best judgment, in the erection of suitable buildings, purchase of equipment, care of buildings and grounds, the purchase of real and personal property, and in payment of salaries to instructors, officers, and agents. The trustees may receive for and on behalf of the university, donations, devises, and bequests made either generally for the benefit of the university or for purposes in harmony with the objects of the university.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

As added by P.L.1-1989, SEC.49.

Nearby Sections

15
§ 23-0.5-1-1
Short title
§ 23-0.5-1-2
Application
§ 23-0.5-1-4
Delivery of record
§ 23-0.5-1.5-10
"Filed record"
§ 23-0.5-1.5-11
"Filing entity"
§ 23-0.5-1.5-12
"Foreign"
§ 23-0.5-1.5-13
"General partnership"
§ 23-0.5-1.5-14
"Governance interest"
§ 23-0.5-1.5-15
"Governing person"
§ 23-0.5-1.5-16
"Interest"
§ 23-0.5-1.5-17
"Interest holder"
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Indiana § 23-13-20-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-13-20-8.