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2021 Indiana Code
Title 21. Higher Education
Article 35. State Educational Institutions: Revenue Bonds and Other Financing Arrangements
Chapter 4. Indiana State University; Dormitories
21-35-4-3. Issuance of Bonds for the Erection and Construction of Dormitories
Universal Citation: IN Code § 21-35-4-3 (2021)
Sec. 3. Whenever the board of trustees of Indiana State University finds that:
(1) a necessity exists for the building of a dormitory for the housing of students; and
(2) sufficient funds for the erection and construction of the dormitory for the housing of students will not be available out of the revenues and funds of Indiana State University in the year in which the necessity exists;
the board of trustees may issue and sell the bonds of the board of trustees.
[Pre-2007 Higher Education Recodification Citation: 20-12-53-1(a) part.]
As added by P.L.2-2007, SEC.276.
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