Sec. 1. The general assembly recognizes that:
(1) Article 11, Section 12 of the Constitution of the State of Indiana provides that the state may not become a stockholder in a corporation;
(2) online, onsite, and hybrid online/onsite instructional, educational, and training programs serve an important public interest by expanding access to learning opportunities, thereby enhancing the state's ability to promote workforce and economic development; and
(3) a state educational institution may more effectively advance its educational mission and achieve its public or charitable purposes by being affiliated with a postsecondary degree granting and credit bearing institution that provides these alternative types of instructional, educational, or training offerings, whether onsite, online, or through any combination of these or other instructional modalities, to better reach adult learners and other nontraditional students.
The general assembly declares that a state educational institution's controlling and being a member of a postsecondary SEI affiliated educational institution, as permitted in this section, complies with Article 11, Section 12 of the Constitution of the State of Indiana.
As added by P.L.217-2017, SEC.148.
Structure Indiana Code
Article 27. State Educational Institutions: General Powers
Chapter 10. Postsecondary Sei Affiliated Educational Institutions
21-27-10-1. General Assembly Declaration
21-27-10-2. Application Only to a State Educational Institution
21-27-10-4. "Eligible Property"
21-27-10-5. Member of a Postsecondary Sei Affiliated Educational Institution
21-27-10-7. Information Provided to Commission
21-27-10-8. Control by Executive Branch
21-27-10-9. State Entity for Purposes of United States Department of Education Regulations