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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 5. (a) The board of trustees of a state educational institution may:
(1) deposit to the credit of the building facilities funds of the state educational institution; or
(2) use for any of the purposes of this article without making a deposit in the building facilities funds;
any other funds from any source that may be available for any of the purposes of the building facilities funds from whatever source derived.
(b) The funds subject to subsection (a) include the following:
(1) Student tuition and other fees, earnings, charges, rentals, interest on permanent endowment funds or other interest, or other income.
(2) Gifts or grants from the federal government or any federal agency or instrumentality or any public or private corporation, association, or person.
(3) State appropriations made specifically for any of the purposes of this article.
Cite this article: FindLaw.com - Indiana Code Title 21. Higher Education § 21-34-5-5 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-21-higher-education/in-code-sect-21-34-5-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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