reglab/statecodes huggingface dataset:
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 4. Gifts, Bequests, and Devises; Ivy Tech Community College › 21-30-4-2. Board; Acceptance of Gifts, Devises, and Bequests

Sec. 2. The board of trustees of Ivy Tech Community College may accept gifts, grants, bequests, and devises absolutely and in trust for support of Ivy Tech Community College or its programs.
[Pre-2007 Higher Education Recodification Citation: 20-12-61-13(a)(2).]
As added by P.L.2-2007, SEC.271.
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 5. Gifts, Bequests, and Devises; Vincennes University › 21-30-5-1. Applicability of Chapter

Sec. 1. This chapter applies to the board of trustees of Vincennes University.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.271.
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 5. Gifts, Bequests, and Devises; Vincennes University › 21-30-5-2. Board; Acceptance of Gifts, Devises, and Bequests

Sec. 2. The board of trustees may accept gifts, bequests, and devises of personal and real property:
(1) for the maintenance, use, or benefit of Vincennes University; or
(2) to be administered for other public charitable purposes, for the benefit or use of students of Vincennes University.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-24.]
As added by P.L.2-2007, SEC.271.
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 5. Gifts, Bequests, and Devises; Vincennes University › 21-30-5-3. Board; Use of Transferred Property

Sec. 3. The board of trustees may receive, accept, hold, administer, and use any property transferred to them by gift, bequest, or devise, with the terms and conditions, and with the obligations, liabilities, and burdens that are imposed on the gift, bequest, or devise, when, in the judgment of the board of trustees, it is for the best interest of Vincennes University.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-25(a).]
As added by P.L.2-2007, SEC.271.
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 5. Gifts, Bequests, and Devises; Vincennes University › 21-30-5-4. Annuity Gifts; Conditions

Sec. 4. When any gift, devise, or bequest is made for the purpose of providing an annuity, the gift, devise, or bequest may be accepted by the board of trustees on condition that Vincennes University pay to:
(1) the donor, for the life of the donor, or for a term of years not beyond the lifetime of the donor, as may be agreed upon;
(2) any person or persons named by the donor or testator, in being at the time of the making of the gift, devise, or bequest, for the life or lives of the named person or persons, as may be agreed upon; or
(3) the donor or to any person or persons named by the donor or testator and alive at the time of the gift, devise or bequest, or both, for the life of the donor and the life or lives of the named person or persons, either in succession in a designated order of survivorship or in shares, concurrently, as may be agreed upon;
an annuity on the value of the property at the time the gift, devise or bequest is made. The annuity must not exceed the actual income of the property donated, devised, or bequeathed, unless a written agreement to pay a greater sum than the annuity is executed by the board of trustees of Vincennes University.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-25(b).]
As added by P.L.2-2007, SEC.271.
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 5. Gifts, Bequests, and Devises; Vincennes University › 21-30-5-5. Security of Payment of Annuities

Sec. 5. To secure the payment of annuities granted under section 4 of this chapter, the property comprised in the gift, devise, or bequest may be pledged by way of mortgage or otherwise to the annuitant or annuitants for the full period of the life of the annuity or annuities. The property pledged is the sole guarantee, and the donee may not be obligated in any other manner unless by written agreement of the donee.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-25(c).]
As added by P.L.2-2007, SEC.271.
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 5. Gifts, Bequests, and Devises; Vincennes University › 21-30-5-6. Sale or Conveyance of Property Received by Gift or Bequest

Sec. 6. The board of trustees may, if not inconsistent with the terms and conditions of the gift, bequest, or devise:
(1) sell, convey, or otherwise dispose of real property received as a gift, bequest, or devise; and
(2) invest, reinvest, or use the proceeds derived from the sale, conveyance, or disposition of the real property;
if the board of trustees determines that the action will be of the greatest benefit to Vincennes University.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-26 part.]
As added by P.L.2-2007, SEC.271.
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 5. Gifts, Bequests, and Devises; Vincennes University › 21-30-5-7. Proceeds of Sale or Conveyance; Use

Sec. 7. All:
(1) money; or
(2) other proceeds;
derived from the sale, conveyance, or other disposition of the gift, bequest, or devise of real property must be kept in a separate and distinct fund. The money or proceeds must be devoted exclusively to the uses that are designated and prescribed in the gift, bequest, or devise under the terms of which the property was originally received and acquired. If the uses to which property is to be devoted are not specifically designated or prescribed in a gift, bequest, or devise, the board of trustees may prescribe the uses to which the proceeds derived from the sale, conveyance, or other disposition of real property must be devoted.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-26 part.]
As added by P.L.2-2007, SEC.271.
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 5. Gifts, Bequests, and Devises; Vincennes University › 21-30-5-8. Procedure for the Sale of Real Property Received as a Gift

Sec. 8. If real property that is received as a gift, bequest, or devise is sold or is to be conveyed or otherwise disposed of, the purchaser shall pay the purchase money for the real property, as agreed, to the treasurer of Vincennes University, and the purchaser shall take the receipt of the treasurer. Upon presentation of the receipt of the treasurer to the board of trustees, the board of trustees shall cause to be executed a deed of conveyance to the purchases. The deed shall be signed by the board of trustees.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-26 part.]
As added by P.L.2-2007, SEC.271.
2023 Indiana Code › Title 21. Higher Education › Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises › Chapter 6. Repealed

[Pre-2007 Higher Education Recodification Citations:
21-30-6-1formerly 20-12-5-121-30-6-2formerly 20-12-5-221-30-6-3formerly 20-12-5-321-30-6-4formerly 20-12-5-4.1.]
Repealed by P.L.178-2018, SEC.12.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 1. General Provisions; Definitions › 21-31-1-1. Definitions

Sec. 1. The definitions in this chapter apply throughout this article.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 1. General Provisions; Definitions › 21-31-1-2. "State Library Automation Standards"

Sec. 2. "State library automation standards" refers to the library automation standards established by the state library board under IC 4-23-7.1-11(b).
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-1. Applicability of Section; Use of Property

Sec. 1. (a) This section applies to the board of trustees of the following state educational institutions:
(1) Ball State University.
(2) Indiana University.
(3) Indiana State University.
(4) Purdue University.
(5) University of Southern Indiana.
(b) The board of trustees of a state educational institution may govern the:
(1) disposition; and
(2) method and purpose of use;
of property owned, used, or occupied by the state educational institution, including travel over and assembly upon the property.
[Pre-2007 Higher Education Recodification Citation: 20-12-1-2(a)(1).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-2. Ball State Board; Authority to Receive, Administer, and Dispose of All Donations, Bequests, Grants, Funds, and Other Property

Sec. 2. The board of trustees of Ball State University may receive, administer, and dispose of all donations, bequests, grants, funds, and other property that is given to the state educational institution or is otherwise acquired by Ball State University.
[Pre-2007 Higher Education Recodification Citation: 20-12-57.5-11(j).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-3. Trusts

Sec. 3. The board of trustees of Indiana State University may hold in trust all funds and property that is provided for Indiana State University.
[Pre-2007 Higher Education Recodification Citation: 20-12-56-2 part.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-4. Indiana University Board; Authority to Acquire Real and Personal Property

Sec. 4. The board of trustees of Indiana University may:
(1) possess all the real and personal property of Indiana University for its benefit;
(2) take and hold, in their corporate name, any real or personal property for the benefit of Indiana University; and
(3) expend the income of Indiana University for its benefit.
[Pre-2007 Higher Education Recodification Citation: 20-12-23-2(c) part.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-5. Ivy Tech Community College Board; Authority to Acquire, Construct, and Control Real and Personal Property

Sec. 5. The board of trustees of Ivy Tech Community College may hold, encumber, control, acquire by donation or purchase, construct, own, lease, use, and sell real and personal property as is necessary for the conduct of its program of operation, on whatever terms and for whatever consideration may be appropriate.
[Pre-2007 Higher Education Recodification Citation: 20-12-61-13(a)(1).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-6. Purdue University Board; Authority to Hold and Manage Personal and Real Property

Sec. 6. The board of trustees of Purdue University shall take in charge, have, hold, possess, and manage all:
(1) property and money comprehended in the donations;
(2) funds derived from the sale of the land scrip donated under the act of Congress and the increase of those funds; and
(3) money or other property that is at any time donated to and for the use of Purdue University.
[Pre-2007 Higher Education Recodification Citation: 20-12-36-4.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-7. University of Southern Indiana Board; Authority to Receive, Administer, and Dispose of All Donations, Bequests, Grants, Funds, and Other Property

Sec. 7. The University of Southern Indiana may receive, administer, and dispose of all donations, bequests, grants, funds, and other property that is given to the state educational institution or otherwise acquired by the University of Southern Indiana.
[Pre-2007 Higher Education Recodification Citation: 20-12-64-5(9).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-8. Vincennes University Board; Authority to Purchase, Hold, Lease, or Convey Real or Personal Property

Sec. 8. The board of trustees of Vincennes University, in the name of the board of trustees purchasing, holding, leasing, and conveying, may purchase, hold, lease, and convey any estate, real or personal, for the use of Vincennes University.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-1(c)(2).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-9. Vincennes University Board; Authority to Erect, Purchase, or Hire Suitable Buildings

Sec. 9. The board of trustees of Vincennes University may erect, purchase, or hire, as the board of trustees determines most expedient, suitable buildings to carry out the purposes of Vincennes University.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-8(1).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-10. Vincennes University Board; Powers

Sec. 10. (a) The board of trustees of Vincennes University may, when the board of trustees finds a necessity:
(1) erect, construct, and complete buildings and structures and otherwise improve property owned by the university;
(2) equip, furnish, operate, control, and manage the properties for the purposes of or for the benefit of the university;
(3) acquire by purchase, lease, gift, or otherwise property, both real or personal, that the board of trustees finds necessary for the purposes of Vincennes University; and
(4) use real or personal property acquired by the board of trustees for the purposes of Vincennes University.
(b) Title to all property acquired by the board of trustees of Vincennes University, including improvements on real property, shall be taken and held by and in the name of the board of trustees in their corporate capacities for the purposes of Vincennes University.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-14.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-11. Vincennes University Board; Authority to Lease or Sell Property

Sec. 11. The board of trustees of Vincennes University may lease or sell property of Vincennes University that, in the judgment of the board of trustees of Vincennes University, is not required for educational purposes, together with any improvements constructed on the property or to be constructed on the property. The lease or sale must be made upon the terms and conditions that the board of trustees determines proper.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-21.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-12. Acquisition of Land; Eminent Domain

Sec. 12. The acquisition of so much land as may from time to time be needed as a campus by Vincennes University is declared to be for public use. Title to land that is needed as a campus by Vincennes University may be taken under the power of eminent domain.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-3.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-13. Vincennes University Board; Duties

Sec. 13. The board of trustees of Vincennes University shall:
(1) establish a library, in and for the use of the students, professors and other members of Vincennes University, to consist of the books and experimental apparatus that the board of trustees determines is proper for Vincennes University.
(2) provide books and experimental apparatus in the manner and by means that the board of trustees by ordinance direct; and
(3) regulate the terms upon which books and apparatus may be taken out of and returned to the library.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-9.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 2. General Powers › 21-31-2-13.5. Indiana State University; Hulman Center; Lease and Ownership Restrictions

Sec. 13.5. The board of trustees of Indiana State University may not lease or transfer any ownership interest in the Indiana State University Hulman Center in Terre Haute unless the proposed lease or transfer of an ownership interest has been reviewed by the budget committee.
As added by P.L.213-2015, SEC.240.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 3. Inspections › 21-31-3-1. Buildings and Grounds Committee

Sec. 1. The board of trustees of Indiana University shall annually appoint a committee from the members of the board of trustees to examine Indiana University buildings and grounds. The committee shall report the kind and cost of repairs, if any are needed. A member of the faculty shall be appointed to take care of the buildings and grounds.
[Pre-2007 Higher Education Recodification Citation: 20-12-23-23.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 3. Inspections › 21-31-3-2. Visitation and Inspection

Sec. 2. The board of trustees of Vincennes University shall visit and inspect Vincennes University.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-8(6).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 4. Leases › 21-31-4-1. Application of Section; Leases

Sec. 1. (a) This section applies to the board of trustees of the following state educational institutions:
(1) Ball State University.
(2) Indiana University.
(3) Indiana State University.
(4) Purdue University.
(5) University of Southern Indiana.
(b) The board of trustees of a state educational institution may lease to any corporation, limited liability company, partnership, association, or individual real estate, title to which is in the name of:
(1) the state educational institution; or
(2) the state for the use and benefit of the state educational institution.
[Pre-2007 Higher Education Recodification Citation: 20-12-1-2(a)(11).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 4. Leases › 21-31-4-2. Application of Section; Term of Leases

Sec. 2. (a) This section applies to the board of trustees of the following state educational institutions:
(1) Ball State University.
(2) Indiana University.
(3) Indiana State University.
(4) Purdue University.
(5) University of Southern Indiana.
(b) The board of trustees of a state educational institution may enter into a lease if the board of trustees determines that the lease is in the best interest of the state educational institution. A lease may not be executed under this chapter for a term exceeding four (4) years unless the execution is approved by the:
(1) governor; and
(2) budget agency.
[Pre-2007 Higher Education Recodification Citation: 20-12-1-2(b) part.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 4. Leases › 21-31-4-3. Application of Section; Tax Exemption

Sec. 3. (a) This section applies to the board of trustees of the following state educational institutions:
(1) Ball State University.
(2) Indiana University.
(3) Indiana State University.
(4) Purdue University.
(5) University of Southern Indiana.
(b) This chapter does not deny any tax exemption that a lessee would have under other laws if the lessee were the owner in fee simple of the real estate.
(c) A state educational institution is exempt from all property taxes on any real estate leased under this chapter. The lessee of real estate leased under this chapter is liable for property taxes on the leased real estate as if the real estate were owned by the lessee in fee simple, unless the lessee is a student living in facilities owned by the state educational institution.
[Pre-2007 Higher Education Recodification Citations: 20-12-1-2(c); 20-12-1-2(b) part.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 5. Lease of Property for Military Training › 21-31-5-1. Application of Chapter

Sec. 1. This chapter applies to the following state educational institutions:
(1) Ball State University.
(2) Indiana State University.
(3) Indiana University.
(4) Purdue University.
[2007 Higher Education Recodification Citation: New.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 5. Lease of Property for Military Training › 21-31-5-2. Authority to Lease for the Establishment of Military, Naval, or Scientific Training Schools

Sec. 2. The board of trustees of a state educational institution may lease land to the United States for the establishment of military, naval, or scientific training schools or institutions.
[Pre-2007 Higher Education Recodification Citation: 20-12-10-1 part.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 5. Lease of Property for Military Training › 21-31-5-3. Lease; Criteria

Sec. 3. A lease described in this chapter:
(1) must be for consideration;
(2) must be for a period not in excess of thirty (30) years; and
(3) may contain other terms determined by the board of trustees of the state educational institution.
[Pre-2007 Higher Education Recodification Citation: 20-12-10-1 part.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 5. Lease of Property for Military Training › 21-31-5-4. Authority to Lease Land Acquired From a Trust

Sec. 4. Land leased under this chapter may be land acquired from any source, including from a trust.
[Pre-2007 Higher Education Recodification Citation: 20-12-10-1 part.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 6. Purdue University; Dedication of Public Streets › 21-31-6-1. Authority to Dedicate Public Streets

Sec. 1. The board of trustees of Purdue University may dedicate as public streets any land extending through or along the grounds owned by Purdue University that the board of trustees determines is in the best interest of Purdue University.
[Pre-2007 Recodification Citation: 20-12-39-2.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 7. Purdue University; Airport › 21-31-7-1. Authority to Declare Public Use of the University Airport and Its Facilities

Sec. 1. (a) The board of trustees of Purdue University may:
(1) declare all or any part of the Purdue University Airport and its facilities a public airport; and
(2) authorize by contract, license, lease, or otherwise, public use of the airport and its facilities.
(b) The board of trustees may determine the term and application of an agreement entered into under this section. This section does not apply to facilities required solely for educational or research activities at Purdue University.
[Pre-2007 Higher Education Recodification Citation: 20-12-50-1(a).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 7. Purdue University; Airport › 21-31-7-2. Tax Exemption

Sec. 2. Notwithstanding any other law, the leasehold estate of any lessee or the lessee's assigns described in this chapter, including any permanent structure erected on the property by the lessee, or the lessee's assigns, is exempt from property taxation.
[Pre-2007 Higher Education Recodification Citation: 20-12-50-1(b).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 7. Purdue University; Airport › 21-31-7-3. Board; Management of University Airport

Sec. 3. The control of the Purdue University Airport is under the board of trustees of Purdue University. The board of trustees may do the following:
(1) Establish standards and promulgate reasonable rules and regulations, consistent with state and federal rules regarding matters governing the use of Purdue University Airport as a public airport.
(2) Establish, collect, and receive reasonable fees for the use of Purdue University Airport and its facilities.
(3) Accept, receive, and receipt for federal money, and other money, either public or private:
(A) for the acquisition, construction, enlargement, improvement, maintenance, equipment, or operation of:
(i) Purdue University Airport;
(ii) other air navigation facilities incident to Purdue University Airport; and
(iii) sites for Purdue University Airport; and
(B) to comply with the laws of the United States, the state, and any related rules and regulations for the expenditure of the money upon the Purdue University Airport and other air navigation facilities incident to Purdue University Airport.
(4) Effectuate the purpose and intent of this chapter.
[Pre-2007 Higher Education Recodification Citation: 20-12-50-2.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 8. Heat or Power Plant; Indiana State University; Ball State University; Vincennes University › 21-31-8-1. Application of Section

Sec. 1. (a) This section applies to the following state educational institutions:
(1) Ball State University.
(2) Indiana State University.
(b) If a heat or power plant belonging to a state educational institution or operated by the board of trustees of a state educational institution has sufficient capacity to furnish and generate heat or power, or both, in excess of that needed by the state educational institution, the board of trustees of the state educational institution may sell and dispose of, upon terms and conditions that the board of trustees determines, any or all of the excess heat or power, or both, to a hospital, charitable or public institution, or developer that:
(1) has entered into a financing agreement with the board of trustees under IC 21-35-7; and
(2) agrees to do all piping and make all connections necessary to receive the heat or power, or both.
[Pre-2007 Higher Education Recodification Citation: 20-12-53-2.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 8. Heat or Power Plant; Indiana State University; Ball State University; Vincennes University › 21-31-8-2. Authority to Furnish Heat, Light, Power, and Other Like Facilities or Services

Sec. 2. The board of trustees of Vincennes University may furnish heat, light, power, and other like facilities or service to any or all structures to be constructed by Vincennes University from the plant or facilities of Vincennes University, with or without charge therefor.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-23.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 9. Other Uses of Property › 21-31-9-1. Compliance With State Library Automation Standards

Sec. 1. The board of trustees of each state educational institution shall comply with the state library automation standards.
[Pre-2007 Higher Education Recodification Citation: 20-12-1-11.]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 9. Other Uses of Property › 21-31-9-2. Application of Section; Adoption of Policies and Standards

Sec. 2. (a) This section applies to the board of trustees of the following state educational institutions:
(1) Ball State University.
(2) Indiana University.
(3) Indiana State University.
(4) Purdue University.
(5) University of Southern Indiana.
(b) The board of trustees of a state educational institution may adopt policies and standards for making property owned by the state educational institution reasonably available to be used free of charge for the production of motion pictures.
[Pre-2007 Higher Education Recodification Citation: 20-12-1-2(a)(12).]
As added by P.L.2-2007, SEC.272.
2023 Indiana Code › Title 21. Higher Education › Article 31. State Educational Institutions: Acquisition and Use of Property; Leases › Chapter 9. Other Uses of Property › 21-31-9-3. Purchase of Mid-Level Blend Fuel, E85, or Blended Biodiesel Fuel by State Educational Institutions; Exemptions

Sec. 3. (a) As used in this section, "blended biodiesel" refers to a blend of biodiesel with petroleum diesel so that the percentage of biodiesel in the blend is at least two percent (2%) (B2 or greater). The term does not include biodiesel (B100).
(b) As used in this section, "diesel fueled vehicle" refers to a vehicle that is capable of using diesel to fuel its primary motor.
(c) As used in this section, "ethanol" means agriculturally derived ethyl alcohol.
(d) As used in this section, "E85" has the meaning set forth in IC 6-6-1.1-103.
(e) As used in this section, "gasoline fueled vehicle" refers to a vehicle that is capable of using gasoline to fuel its primary motor.
(f) As used in this section, "mid-level blend fuel" means a fuel blend consisting of:
(1) at least twenty percent (20%) but not more than seventy-three percent (73%) ethanol; and
(2) gasoline as the balance.
(g) As used in this section, "vehicle" includes the following:
(1) An automobile.
(2) A truck.
(3) A tractor.
(h) Except as provided by subsections (j) and (k), a state educational institution shall whenever possible purchase mid-level blend fuel or E85 to fuel the gasoline fueled vehicles owned or operated by the state educational institution.
(i) Except as provided by subsections (j) and (k), a state educational institution shall whenever possible purchase blended biodiesel fuel to fuel the diesel fueled vehicles owned or operated by the state educational institution.
(j) The following vehicles are exempt from the requirements of subsections (h) and (i):
(1) A vehicle that is leased by the state educational institution for thirty (30) days or less.
(2) A vehicle that:
(A) is primarily powered by an electric motor; or
(B) can use only propane, compressed or liquified natural gas, or methanol as its fuel source.
(k) The following vehicles are exempt from the requirements of subsection (h) or (i), whichever is appropriate:
(1) A gasoline fueled vehicle in which the use of mid-level blend fuel or E85 has not been approved by the manufacturer.
(2) A diesel fueled vehicle in which the use of blended biodiesel fuel has not been approved by the manufacturer.
(3) A gasoline fueled vehicle in which the use of mid-level blend fuel is prohibited by the federal Clean Air Act (42 U.S.C. 7401 et seq.).
As added by P.L.148-2009, SEC.10. Amended by P.L.190-2014, SEC.32.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 1. General Provisions; Definitions › 21-32-1-2. "Bonds"

Sec. 2. "Bonds" includes:
(1) bonds;
(2) debentures; and
(3) other evidences of indebtedness.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-4 part.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 1. General Provisions; Definitions › 21-32-1-3. "Obligations"

Sec. 3. "Obligations" means any of the following issued by a state educational institution:
(1) Bonds.
(2) Notes.
(3) Other evidences of indebtedness.
(4) Other obligations.
[Pre-2007 Higher Education Recodification Citation: 20-12-9.5-2.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 1. General Provisions; Definitions › 21-32-1-4. "Person"

Sec. 4. "Person" includes:
(1) a corporation;
(2) a limited liability company;
(3) a partnership;
(4) a firm;
(5) an association;
(6) a joint venture;
(7) an individual; and
(8) any combination of the entities listed in this section.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-4 part.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 2. Temporary Borrowings; Loans; Lines of Credit; Credit Facilities › 21-32-2-1. Supplemental Powers

Sec. 1. The powers of a state educational institution under this chapter are in addition to all other powers of the state educational institution to issue obligations.
[Pre-2007 Higher Education Recodification Citation: 20-12-9.5-6.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 2. Temporary Borrowings; Loans; Lines of Credit; Credit Facilities › 21-32-2-2. State Educational Institution's Powers

Sec. 2. A state educational institution may do any of the following:
(1) Borrow funds on a temporary basis in anticipation of the issuance of long term obligations.
(2) Use the proceeds of a temporary borrowing for any purpose for which the institution could issue or incur obligations under IC 21-33-3-5, IC 21-34, IC 21-35-2, IC 21-35-3, or IC 21-35-5.
(3) Issue a temporary borrowing:
(A) in the form of a bond, note, commercial paper, or any other form;
(B) upon the terms and conditions and with the provisions (including redemption provisions);
(C) at the rate or rates of interest (fixed or variable); and
(D) subject to subdivision (5), in the denominations;
as the state educational institution determines under subdivision (6).
(4) Negotiate the terms of any temporary borrowing.
(5) Make the denominations determined under subdivision (3)(D) convertible into different denominations.
(6) Make the determinations under subdivision (3) by any of the following:
(A) The adoption of a resolution.
(B) The approval of a form of indenture between the state educational institution and a designated corporate trustee.
[Pre-2007 Higher Education Recodification Citation: 20-12-9.5-3.]
As added by P.L.2-2007, SEC.273. Amended by P.L.79-2010, SEC.2.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 2. Temporary Borrowings; Loans; Lines of Credit; Credit Facilities › 21-32-2-3. Additional Powers of State Educational Institution

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.
[Pre-2007 Higher Education Recodification Citation: 20-12-9.5-4.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 2. Temporary Borrowings; Loans; Lines of Credit; Credit Facilities › 21-32-2-4. Authority to Pledge and Assign Security for the Payment of Bonds or Notes

Sec. 4. A state educational institution may pledge and assign for the benefit of holders of:
(1) temporary obligations; or
(2) a credit facility;
under this chapter any security that the state educational institution may pledge and assign for the payment of bonds or notes under IC 21-34, IC 21-35-2, IC 21-35-3, or IC 21-35-5.
[Pre-2007 Higher Education Recodification Citation: 20-12-9.5-5.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3. Sale of Bonds › 21-32-3-1. Power to Issue Bonds

Sec. 1. A state educational institution with power to issue bonds may sell bonds at public or negotiated sale:
(1) for the price or prices;
(2) in the manner; and
(3) at the time or times;
determined by the state educational institution.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-1(a) part.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3. Sale of Bonds › 21-32-3-2. Sale of Bonds; Value

Sec. 2. A state educational institution may not sell bonds:
(1) for less than ninety percent (90%); or
(2) with an underwriter's discount that exceeds three percent (3%);
of the par value of the bonds.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-1(a) part.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3. Sale of Bonds › 21-32-3-3. Sale of Bonds; Conditions

Sec. 3. (a) A state educational institution that determines to sell bonds at public sale shall give notice under subsection (b) or (c).
(b) A state educational institution that gives notice under this subsection shall:
(1) publish the notice once each week for two (2) weeks in:
(A) an English language newspaper of general circulation published in the county in which the principal office of the state university or college is located; and
(B) an English language newspaper of general circulation published in the state capital;
(2) publish the last of the publications under subdivision (1) at least seven (7) days before the date of sale; and
(3) include in the notice the following with respect to the bonds:
(A) The amount to be offered.
(B) The denominations.
(C) The dates of maturity.
(D) The maximum rate or rates of interest or the maximum net interest cost.
(E) The date, time, and place of sale.
(F) The minimum price to be paid for the bonds.
(c) A state educational institution that gives notice under this section shall:
(1) publish the notice once each week for two (2) weeks in:
(A) an English language newspaper of general circulation published in the county in which the principal office of the state university or college is located; and
(B) an English language newspaper of general circulation published in the state capital; and
(2) include in the notice:
(A) a statement that any person interested in submitting a bid for the bonds may furnish in writing to the treasurer of the state educational institution at the address set forth in the notice the person's:
(i) name, address, and telephone number; and
(ii) telex number, if any; and
(B) the following with respect to the bonds:
(i) The amount to be offered.
(ii) The denominations.
(iii) The dates of maturity.
(iv) The maximum rate or rates of interest or the maximum net interest cost.
(v) The place of sale.
(vi) The time within which the information referred to in clause (A) must be furnished. The time within which the information referred to in clause (A) must be furnished must be at least seven (7) days after the last publication of the notice of intent to sell.
(vii) The minimum price to be paid.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-1(b) part.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3. Sale of Bonds › 21-32-3-4. Notice of Sale of Bond

Sec. 4. (a) This section applies when notice is given under section 3 of this chapter for a public sale.
(b) The treasurer of the state educational institution:
(1) shall cause each person furnishing the information required under section 3(c) of this chapter to be notified of the date and time bids will be received at least twenty-four (24) hours before the date and time;
(2) shall give the notification under subdivision (1):
(A) by telephone at the number furnished by the person; and
(B) by telex if the person furnishes a telex number; and
(3) may not receive bids for more than ninety (90) days after the first publication of the notice of intent to sell bonds.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-1(b) part.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3. Sale of Bonds › 21-32-3-5. Determination of Interest Cost

Sec. 5. A state educational institution shall award bonds sold at public sale to the bidder offering the lowest interest cost to be determined by:
(1) computing the total interest on the bonds from the date of the sale to the date of maturity; and
(2) either:
(A) deducting from the total interest the amount of any premium bid; or
(B) adding to the total interest the amount of any discount.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-1(c) part.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3. Sale of Bonds › 21-32-3-6. Acceptability of Bids

Sec. 6. If no acceptable bid is received at the time fixed for sale of the bonds at a public sale, the state educational institution:
(1) may continue the sale from day to day for a period not to exceed thirty (30) days without readvertising; and
(2) may not accept a bid during the continuation of the sale that offers a higher interest cost than the best bid received at the time fixed for the sale under section 3 of this chapter.
The acceptability of a bid is within the sole discretion of the state educational institution issuing the bonds. A state educational institution may not negotiate a sale for an issue of bonds without public bidding under section 1 of this chapter until the thirty (30) day period required by this section has passed for that issue if the state educational institution has conducted a public sale for that issue under sections 3 and 4 of this chapter.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-1(c) part.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3. Sale of Bonds › 21-32-3-7. Restrictions on the Acceptability of Bids

Sec. 7. (a) As used in this section, "check" includes electronic transfer by wire transfer or other similar means.
(b) A state educational institution may not:
(1) accept a bid for the bonds, other than a bid submitted by the federal government or any agency of the federal government; or
(2) execute and deliver a contract of sale for the bonds;
unless the bid or contract is accompanied by a certified check or cashier's check in an amount equal to one percent (1%) of the principal amount of the bonds sold.
(c) The check required by subsection (b) must be:
(1) payable to the state educational institution issuing the bonds; and
(2) drawn on a bank or trust company, in or out of state, that is insured by the Deposit Insurance Fund of the Federal Deposit Insurance Corporation.
(d) The state educational institution shall:
(1) hold the check required by subsection (b) as a guaranty of the performance of:
(A) the bid, if the bid is accepted; or
(B) the contract, if the contract is signed; and
(2) return the check required under subsection (b) to a bidder if that bidder's bid is not accepted.
(e) If a bid is accepted and the bidder fails to perform the bid, the check required under subsection (b) and the proceeds of the check are:
(1) the property of the state educational institution; and
(2) considered liquidated damages to the state educational institution arising from the default.
(f) A contract for the purchase of bonds at negotiated sale must provide that if the purchaser fails to perform the purchaser's obligation to pay for the bonds, the check required under subsection (b) and the proceeds from the check are:
(1) the property of the state university or college; and
(2) considered liquidated damages to the state educational institution arising from the default.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-2.]
As added by P.L.2-2007, SEC.273. Amended by P.L.79-2010, SEC.3.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3. Sale of Bonds › 21-32-3-8. Filing of Affidavit

Sec. 8. Before the delivery of the bonds to a successful bidder at a public sale, other than the federal government or any agency of the federal government, the bidder shall cause to be filed with the secretary of state before the published date of sale a sworn affidavit that:
(1) is acceptable to the secretary of state; and
(2) states that no collusion or binding agreement existed between:
(A) the successful bidder; and
(B) an official of the issuing state university or college;
[Pre-2007 Higher Education Recodification Citation: 4-1-5-3.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3. Sale of Bonds › 21-32-3-9. Applicability of Chapter

Sec. 9. This chapter is not applicable to bonds advertised for sale or sold or contracted to be sold before March 13, 1959.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-5.]
As added by P.L.2-2007, SEC.273.
2023 Indiana Code › Title 21. Higher Education › Article 32. State Educational Institutions: Bonds and Borrowing › Chapter 3.5. Retirement Liability Bonds › 21-32-3.5-1. "Retirement Liabilities"

Sec. 1. As used in this chapter, "retirement liabilities" means the payments to be made to a fund or funds administered by the board of trustees of the Indiana public retirement system for liabilities of a state educational institution resulting from a withdrawal from such a fund or a freezing of participation under such fund under IC 5-10.2-2-20 and IC 5-10.2-2-21.
As added by P.L.213-2015, SEC.241.