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2021 Indiana Code
Title 21. Higher Education
Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds
Chapter 5. Building Facilities Fees; Building Facilities Fund
21-34-5-7. Investments
Universal Citation:
IN Code § 21-34-5-7 (2021)
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Sec. 7. The money in the building facilities funds may be accumulated and held by a state educational institution for purposes of this article and invested by a state educational institution pending the use of the money. Interest, dividends, or gains resulting from investments must be credited to the building facilities funds.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-5(d).]
As added by P.L.2-2007, SEC.275.
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