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.
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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§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 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"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.