Section 21-35-1-7 - "Income" "Income":
(1) for purposes of IC 21-35-2, with respect to any property, includes the sum of all mandatory student service fees:(A) collected for the use of the property; and(B) assessed against the students of the institution; to provide security for bonds issued under IC 21-35-2; and
(2) for purposes of IC 21-35-3, with respect to a campus facility, includes the sum of all mandatory student service fees: (A) collected for the use of the facility; and(B) assessed against the students of the institution; to provide security for bonds issued under IC 21-35-3.
Pre-2007 Higher Education Recodification Citations: 20-12-7-1.2; 20-12-8-1.2.
As added by P.L. 2-2007, SEC.276.