Ind. Code § 21-35-7-4

Current through P.L. 171-2024
Section 21-35-7-4 - Power of state educational institutions to acquire real and personal property

In addition to any other powers that a state educational institution has, the board of trustees of a state educational institution may:

(1) enter into agreements concerning and to acquire by:
(A) gift;
(B) purchase; or
(C) lease;

land or interests in land and personal property needed for the purposes of this chapter;

(2) purchase, lease as lessee or lessor, construct, remodel, rebuild, enlarge, or substantially improve property;
(3) enter into financing agreements, including leasing land or property to users or developers, subject to this chapter; and
(4) enter into agreements with users or developers to allow users or developers to wholly or partially construct and manage property.

IC 21-35-7-4

Pre-2007 Higher Education Recodification Citation: 20-12-1.5-3.

As added by P.L. 2-2007, SEC.276.