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Indiana Code Title 21. Higher Education § 21-32-2-3

Current as of January 02, 2024 | Updated by FindLaw Staff

Sec. 3. (a) A state educational institution may:

(1) negotiate:

(A) a loan;

(B) a line of credit; or

(C) any other credit facility; and

(2) issue a note for a credit facility;

with any institution or entity on the terms and conditions that the state educational institution determines.

(b) A state educational institution may make the determinations under this section by:

(1) the adoption of a resolution; or

(2) the approval of an agreement between the state educational institution and the institution or entity.

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Cite this article: FindLaw.com - Indiana Code Title 21. Higher Education § 21-32-2-3 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-21-higher-education/in-code-sect-21-32-2-3/

Read this complete Indiana Code Title 21. Higher Education § 21-32-2-3 on Westlaw. Westlaw subscription required.

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