Section 21-35-2-4 - Prior contracts validated(a) Sections 20 through 23 of this chapter may not be construed to affect the validity of: (1) any contracts executed before March 9, 1965; or(2) any bonds contracted to be sold before March 9, 1965.(b) Sections 20 through 23 of this chapter do not apply to:(1) any facilities: (A) approved by: (i) the budget agency or any predecessor to the budget agency; and(ii) the governor; before March 9, 1965; or
(B) for which temporary or interim financing commitments were made before March 9, 1965; or(2) the issuance of bonds for any facilities described in subdivision (1).Pre-2007 Higher Education Recodification Citation: 20-12-7-11.
As added by P.L. 2-2007, SEC.276.