Restrictions on acceptance of gifts

Ind. Code § 21-30-2-6, under Chapter 2. Gift Annuities; Restrictions on Gifts; Gifts for a Permanent Endowment.

Ind. Code § 21-30-2-6

Sec. 6. A state educational institution may not receive a gift, whether on the payment of an annuity or otherwise, that pledges the state educational institution to engage in a course of instruction, or perform an act other than a course of instruction or act that the state educational institution is permitted by law to engage in or perform. [Pre-2007 Higher Education Recodification Citation: 4-24-2-6 part.] As added by P.L.2-2007, SEC.271.