Sec. 4. (a) Sections 20 through 23 of this chapter may not be construed to affect the validity of:
(1) any contracts executed before March 9, 1965; or
(2) any bonds contracted to be sold before March 9, 1965.
(b) Sections 20 through 23 of this chapter do not apply to:
(1) any facilities:
(A) approved by:
(i) the budget agency or any predecessor to the budget agency; and
(ii) the governor;
before March 9, 1965; or
(B) for which temporary or interim financing commitments were made before March 9, 1965; or
(2) the issuance of bonds for any facilities described in subdivision (1).
[Pre-2007 Higher Education Recodification Citation: 20-12-7-11.]
As added by P.L.2-2007, SEC.276.
Structure Indiana Code
Article 35. State Educational Institutions: Revenue Bonds and Other Financing Arrangements
21-35-2-1. Applicability of Chapter
21-35-2-2. Applicable Properties
21-35-2-3. Supplemental Effect of Chapter
21-35-2-4. Prior Contracts Validated
21-35-2-5. Effect of Acts 1977, p.l. 250
21-35-2-7. Authority to Acquire Real and Personal Property
21-35-2-8. Authority to Use Real or Personal Property Acquired
21-35-2-9. Title to Acquired Property
21-35-2-10. Acquisition of Real Property; Approval of Governor; Conveyance and Execution of Deed
21-35-2-11. Issuance and Sale of Bonds
21-35-2-12. Bonds and Interest on Bonds Secured by Pledges or Mortgages
21-35-2-14. Maximum Amount of Bonds
21-35-2-15. Determination of Denomination and Maturation of Bonds; Rates of Interest
21-35-2-16. Bonds and Pledges or Mortgages Made in the Name of the State Educational Institution
21-35-2-17. Liability of State or Institutions for Indebtedness Limited
21-35-2-20. Contracts; Approval of the Budget Agency and Governor