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2022 Indiana Code
Title 21. Higher Education
Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds
Chapter 10. Bonds; Review and Approval
21-34-10-1. Bonds; Approval of Budget Committee, Budget Agency, and Governor
Universal Citation:
IN Code § 21-34-10-1 (2022)
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Sec. 1. (a) Bonds may not be issued by the board of trustees of a state educational institution under this article without the specific approval of the:
(1) budget committee;
(2) budget agency; and
(3) governor.
(b) The budget agency may request and consider the recommendation of the staff of the Indiana finance authority with respect to the approval of a bond issue under this section.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-16.]
As added by P.L.2-2007, SEC.275.
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