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2020 Indiana Code
Title 21. Higher Education
Article 35. State Educational Institutions: Revenue Bonds and Other Financing Arrangements
Chapter 2. Construction and Operation of Fieldhouses, Gymnasiums, Student Unions, and Halls of Music; Revenue Bonds
21-35-2-4. Prior Contracts Validated
Universal Citation: IN Code § 21-35-2-4 (2020)
Sec. 4. (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.
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