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Chapter 1. General Provisions; Definitions
21-35-1-1. Definitions - Sec. 1. The definitions in this chapter apply throughout this...
21-35-1-2. "Bond" - Sec. 2. "Bond" means the following: (1) For purposes of...
21-35-1-3. "Developer" - Sec. 3. "Developer", for purposes of IC 21-35-7, means a...
21-35-1-4. "Facilities" - Sec. 4. "Facilities", for purposes of IC 21-35-7, means buildings...
21-35-1-5. "Financing" - Sec. 5. "Financing", for purposes of IC 21-35-7, means the...
21-35-1-6. "Financing Agreement" - Sec. 6. "Financing agreement", for purposes of IC 21-35-7, means...
21-35-1-7. "Income" - Sec. 7. "Income": (1) for purposes of IC 21-35-2, with...
21-35-1-8. "Net Income" - Sec. 8. "Net income" for purposes of IC 21-35-2 and...
21-35-1-9. "Property" - Sec. 9. "Property": (1) for purposes of IC 21-35-2, means...
21-35-1-10. "Research Facility" - Sec. 10. "Research facility", for purposes of IC 21-35-3, refers...
21-35-1-11. "Revenue Obligations" - Sec. 11. "Revenue obligations", for purposes of IC 21-35-5, means...
21-35-1-12. "Support Facility" - Sec. 12. "Support facility", for purposes of IC 21-35-3, refers...
21-35-1-13. "User" - Sec. 13. "User", for purposes of IC 21-35-7, means any...
Chapter 2. Construction and Operation of Fieldhouses, Gymnasiums, Student Unions, and Halls of Music; Revenue Bonds
21-35-2-1. Applicability of Chapter - Sec. 1. This chapter applies to the following state educational...
21-35-2-2. Applicable Properties - Sec. 2. This chapter applies to the following property: (1)...
21-35-2-3. Supplemental Effect of Chapter - Sec. 3. This chapter may not be construed to repeal,...
21-35-2-4. Prior Contracts Validated - Sec. 4. (a) Sections 20 through 23 of this chapter...
21-35-2-5. Effect of Acts 1977, p.l. 250 - Sec. 5. (a) Acts 1977, P.L.250 does not affect the...
21-35-2-6. Authority to Erect, Construct, Complete, Equip, Furnish, Operate, Control, and Manage Property - Sec. 6. The board of trustees of a state educational...
21-35-2-7. Authority to Acquire Real and Personal Property - Sec. 7. The board of trustees of a state educational...
21-35-2-8. Authority to Use Real or Personal Property Acquired - Sec. 8. The board of trustees may use for the...
21-35-2-9. Title to Acquired Property - Sec. 9. Title to all property acquired by the state...
21-35-2-10. Acquisition of Real Property; Approval of Governor; Conveyance and Execution of Deed - Sec. 10. (a) If: (1) a state educational institution receives...
21-35-2-11. Issuance and Sale of Bonds - Sec. 11. To raise funds for the acquisition of property...
21-35-2-12. Bonds and Interest on Bonds Secured by Pledges or Mortgages - Sec. 12. Bonds, and the interest on the bonds, may...
21-35-2-13. Liens - Sec. 13. The lien of the pledge or mortgage, to...
21-35-2-14. Maximum Amount of Bonds - Sec. 14. Bonds may be issued for the amount or...
21-35-2-15. Determination of Denomination and Maturation of Bonds; Rates of Interest - Sec. 15. (a) Bonds may be issued in the denominations...
21-35-2-16. Bonds and Pledges or Mortgages Made in the Name of the State Educational Institution - Sec. 16. Bonds and the pledge or mortgage securing the...
21-35-2-17. Liability of State or Institutions for Indebtedness Limited - Sec. 17. Indebtedness, a bond, or an obligation incurred or...
21-35-2-18. Authority to Furnish Heat, Light, Power, and Other Like Facilities or Services With or Without Charge - Sec. 18. The board of trustees may furnish heat, light,...
21-35-2-19. Tax Exemption - Sec. 19. All: (1) property acquired under authority of this...
21-35-2-20. Contracts; Approval of the Budget Agency and Governor - Sec. 20. (a) Except as provided in this section, contracts...
21-35-2-21. Issuance of Bonds; Approval of the Budget Agency, Budget Committee, and Governor; Recommendations; Refunds - Sec. 21. (a) Bonds may not be issued by the...
21-35-2-22. Bond Issuance; Limitations - Sec. 22. Bonds may not be issued by any of...
21-35-2-23. Actions to Contest Validity of Bonds - Sec. 23. An action to contest the validity of any...
Chapter 3. Acquisition of Certain Support Facilities and Research Facilities; Revenue Bonds
21-35-3-1. Applicability of Chapter - Sec. 1. This chapter applies to the following state educational...
21-35-3-2. Applicable Properties - Sec. 2. This chapter applies to the following property: (1)...
21-35-3-3. Supplemental Effect of Chapter - Sec. 3. This chapter does not repeal, modify, or amend...
21-35-3-4. Prior Contracts and Bonds Unaffected; Limited Applicability of Chapter - Sec. 4. This chapter may not be construed to affect...
21-35-3-5. Effect of Acts 1977 p.l.250 - Sec. 5. (a) Acts 1977, P.L.250 does not affect the...
21-35-3-6. Construction, Improvement, Operation, and Control of Various Facilities; Acquisition of Real and Personal Property for Facilities; Authorized - Sec. 6. The board of trustees of a state educational...
21-35-3-7. Indiana University and Purdue University Boards; Power to Construct, Improve, Operate, and Control Various Facilities; Limitations on Use of Fees - Sec. 7. (a) This section and any other provisions of...
21-35-3-8. Authority to Acquire Personal and Real Property - Sec. 8. A state educational institution may acquire by: (1)...
21-35-3-9. Authority to Improve and Use Acquired Property - Sec. 9. A state educational institution may improve and use...
21-35-3-10. Title to Acquired Property - Sec. 10. Title to all property acquired by a state...
21-35-3-11. Acquisition of Real Property; Approval of Governor; Conveyance and Execution of Deed - Sec. 11. (a) If the board of trustees of any...
21-35-3-12. Issuance and Sale of Bonds - Sec. 12. To raise funds for the acquisition of property...
21-35-3-13. Bonds and Interest on Bonds Secured by Pledge or Mortgage - Sec. 13. The bonds and the interest on the bonds...
21-35-3-14. Liens - Sec. 14. The lien of the pledge or mortgage, to...
21-35-3-15. Maximum Bond Amounts - Sec. 15. The bonds may be issued for an amount...
21-35-3-16. Determination of Denominations and Maturation of Bonds; Rates of Interest - Sec. 16. (a) The bonds may be: (1) issued in...
21-35-3-17. Bonds and Pledges or Mortgages Made in the Name of the State Educational Institution - Sec. 17. Bonds and the pledge or mortgage securing bonds,...
21-35-3-18. Limitation on State or Institutional Liability for Indebtedness - Sec. 18. Indebtedness, a bond, or an obligation incurred or...
21-35-3-19. Authority to Furnish Heat, Light, Power, and Other Like Facilities or Services With or Without Charge - Sec. 19. The board of trustees of a state educational...
21-35-3-20. Tax Exemption - Sec. 20. All: (1) property: (A) acquired under authority of...
21-35-3-21. Contracts; Approval of the Budget Agency and Governor - Sec. 21. (a) Subject to this section, contracts to: (1)...
21-35-3-22. Issuance of Bonds; Approval of the Budget Agency, Budget Committee, and Governor; Recommendations; Refunds - Sec. 22. (a) Bonds may not be issued by a...
21-35-3-23. Maximum Aggregate Principal Amount of Bonds Each Biennium - Sec. 23. The general assembly may establish each biennium in...
21-35-3-24. Actions to Contest Validity of Bonds - Sec. 24. An action to contest the validity of any...
Chapter 4. Indiana State University; Dormitories
21-35-4-1. Applicability of Chapter - Sec. 1. This chapter applies to Indiana State University. [2007...
21-35-4-2. Application of Chapter; Student Housing - Sec. 2. This chapter applies to a project for a...
21-35-4-3. Issuance of Bonds for the Erection and Construction of Dormitories - Sec. 3. Whenever the board of trustees of Indiana State...
21-35-4-4. Bonds for a Project; Maximum Amount - Sec. 4. Bonds for a project: (1) may be in...
21-35-4-5. Estimations and Findings of Costs - Sec. 5. The board of trustees shall first estimate and...
21-35-4-6. Bonds for a Project; Denomination, Maturation, and Interest Rates - Sec. 6. Bonds for a project: (1) may be issued...
21-35-4-7. Bonds for a Project; Sale - Sec. 7. Bonds for a project may be sold either...
21-35-4-8. Bonds for a Project; Principal and Interest - Sec. 8. The principal and interest of the bonds for...
21-35-4-9. Net Income of Project; Principal and Interest on Bond - Sec. 9. If the net income of a project in...
21-35-4-10. Bonds for a Project; Criteria - Sec. 10. Bonds for a project shall be: (1) executed...
21-35-4-11. Proceeds of Sale of Bonds - Sec. 11. The proceeds of sale of any bonds for...
Chapter 5. Revenue Producing Property; Supplemental Procedures for Financing Revenue Producing Properties With Revenue Obligations
21-35-5-1. Applicability of Chapter - Sec. 1. This chapter applies to the following state educational...
21-35-5-2. Applicable Property - Sec. 2. This chapter applies to the following property: (1)...
21-35-5-3. Construction of Chapter - Sec. 3. This chapter may not be construed to repeal,...
21-35-5-4. Supplemental Effect of Chapter - Sec. 4. This chapter may be construed as supplemental to...
21-35-5-5. Issuance of Revenue Obligations; Use - Sec. 5. The board of trustees of a state educational...
21-35-5-6. Security of Revenue Obligations - Sec. 6. Revenue obligations: (1) must be secured in the...
21-35-5-7. Board; Power to Limit Amount of Obligations or Issue Additional Obligations - Sec. 7. In authorizing the issuance of revenue obligations for...
21-35-5-8. Revenue Obligations Authorized by Resolution; Terms; Conditions - Sec. 8. Revenue obligations must be authorized by resolution adopted...
21-35-5-9. Revenue Obligations; Contents - Sec. 9. The resolution or the indenture for revenue obligations...
21-35-5-10. Revenue Obligations and Interest Coupons - Sec. 10. Revenue obligations and any interest coupons appertaining to...
21-35-5-11. Authority to Furnish Heat, Light, Power, and Other Like Services With or Without Charge - Sec. 11. In connection with the issuance of revenue obligations,...
21-35-5-12. Revenue Obligations; Eligible Investments - Sec. 12. Any revenue obligations issued under IC 21-35-2 or...
Chapter 6. Revenue Bonds; Vincennes University
21-35-6-1. Applicability of Chapter - Sec. 1. This chapter applies to Vincennes University. [2007 Higher...
21-35-6-2. Applicable Property - Sec. 2. This chapter applies to all property acquired or...
21-35-6-3. Issuance and Sale of Bonds - Sec. 3. For the purpose of: (1) raising funds for...
21-35-6-4. Security of Bonds - Sec. 4. The revenue bonds and the interest on revenue...
21-35-6-5. Liens - Sec. 5. (a) The lien of a pledge or mortgage...
21-35-6-6. Authority to Exchange Funding or Refund Bonds - Sec. 6. If the board of trustees determines that it...
21-35-6-7. Maximum Amount of Bonds - Sec. 7. Bonds authorized under this chapter may be issued...
21-35-6-8. Bonds; Form; Terms and Conditions; Rates of Interest - Sec. 8. The bonds authorized under this chapter may be...
21-35-6-9. Resolution and Indenture for Bonds; Contents - Sec. 9. The resolution or the indenture for bonds authorized...
21-35-6-10. Public Sale of Bonds - Sec. 10. The bonds authorized under this chapter shall be...
21-35-6-11. Actions to Contest Validity of Bonds - Sec. 11. An action to contest the validity of any...
21-35-6-12. Bonds; Notice of Sale - Sec. 12. Vincennes University shall publish notice under section 11(2)...
21-35-6-13. Bonds; Rates of Interest - Sec. 13. The rate or rates of interest of the...
21-35-6-14. Bonds and Coupons; Seal - Sec. 14. The bonds and coupons pertaining to the bonds...
21-35-6-15. Bonds; Eligible Investments - Sec. 15. Any bonds issued under this chapter are eligible...
21-35-6-16. Liability of Institution Limited - Sec. 16. Indebtedness, a bond, or an obligation incurred or...
21-35-6-17. Tax Exemption - Sec. 17. All bonds issued under the authority of this...
Chapter 7. Revenue Producing Property; Financing Agreements With a Developer or User
21-35-7-1. Purpose - Sec. 1. It is found and declared that: (1) there...
21-35-7-2. Applicability of Chapter - Sec. 2. This chapter applies to buildings and equipment located...
21-35-7-3. Supplemental Effect of Chapter - Sec. 3. This chapter is supplemental to other laws pertaining...
21-35-7-4. Power of State Educational Institutions to Acquire Real and Personal Property - Sec. 4. In addition to any other powers that a...
21-35-7-5. Adoption of Resolution to Develop Property - Sec. 5. If the board of trustees of a state...
21-35-7-6. Resolution; Contents - Sec. 6. The resolution under section 5 of this chapter...
21-35-7-7. Requirements for Management and Operation of Property - Sec. 7. If the management and operation of the property...
21-35-7-8. Proposals for the Development, Use, and Management of Property - Sec. 8. The board of trustees of a state educational...
21-35-7-9. Award for the Development, Use, and Management of Property; Considerations - Sec. 9. In making an award for the development, use,...
21-35-7-10. Award for the Development, Use, and Management of Property; Approval by Budget Agency and Governor - Sec. 10. An award for the development, use, and management,...
21-35-7-11. Notice of Determination to Make an Award - Sec. 11. (a) A notice of the determination to make...
21-35-7-12. Tax Exemption - Sec. 12. All payments received by a state educational institution...