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2019 Indiana Code
Title 21. Higher Education
Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises
Chapter 3. Gifts, Bequests, and Devises; Annuity Gifts; State Educational Institutions Other Than Ivy Tech Community College and Vincennes University
21-30-3-3. Board; use of transferred property
Universal Citation: IN Code § 21-30-3-3 (2019)
IC 21-30-3-3 Board; use of transferred property
Sec. 3. The board of trustees of a state educational institution may receive, accept, hold, administer, and use any property transferred to the board of trustees by gift, bequest, or devise, with the terms, conditions, obligations, liabilities, and burdens imposed on the gift, bequest, or devise, if, in the judgment of the board of trustees, it is for the best interest of the educational institution receiving the gift, bequest, or devise.
[Pre-2007 Higher Education Recodification Citation: 20-12-4-2(a).]
As added by P.L.2-2007, SEC.271.
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