Title 21, HIGHER EDUCATION

Sec. 19. "Resolution" in a provision of this article concerning the issuance of bonds refers to a resolution adopted by the board of trustees of a state educational institution related to the issuance of bonds. [2007 Higher Education Recodification Citation: New.] As added by P.L…

Sec. 2. This article does not apply to the acquisition, construction, financing, or refinancing of any revenue producing facility that a state educational institution is authorized to acquire, construct, or finance under IC 21-35-2 or IC 21-35-3. [Pre-2007 Higher Education Recodi…

Sec. 20. "Risk retention group" means a trust, pool, corporation, partnership, or joint venture funded by and owned and operated for the benefit of more than one (1) eligible member. [Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(b)(3).] As added by P.L.2-2007, S…

Sec. 3. This article does not repeal, modify, or amend any Indiana law in effect on March 10, 1965, but is supplemental to the laws of this state in effect on March 10, 1965. [Pre-2007 Higher Education Recodification Citation: 20-12-6-18.] As added by P.L.2-2007, SEC.275.

Sec. 4. This article does not affect the validity of any contracts executed before March 10, 1965. [Pre-2007 Higher Education Recodification Citation: 20-12-6-19.] As added by P.L.2-2007, SEC.275.

Sec. 5. The definitions in this chapter apply throughout this article. [2007 Higher Education Recodification Citation: New.] As added by P.L.2-2007, SEC.275.

Sec. 6. "Bond" means (1) bonds (including refunding bonds); (2) notes; (3) temporary, interim, or permanent certificates of indebtedness; (4) debentures; or (5) other obligations; evidencing indebtedness for borrowed money under this article. The term does not include installment…

Sec. 7. "Building facility" means the following: (1) Any buildings, structures, improvements, or facilities. (2) Any utilities, other services, and appurtenances related to an item described in subdivision (1) (including facilities for the production and transmission of heat, lig…

Sec. 8. "Building facilities fee" refers to a building facilities fee imposed under IC 21-34-5-1. [2007 Higher Education Recodification Citation: New.] As added by P.L.2-2007, SEC.275.

Sec. 9. "Building facilities fund" refers to a building facilities fund established under IC 21-34-5-3. [2007 Higher Education Recodification Citation: New.] As added by P.L.2-2007, SEC.275.

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.276.

Sec. 10. "Research facility", for purposes of IC 21-35-3, refers to property described in IC 21-35-3-2(2). [2007 Higher Education Recodification Citation: New.] As added by P.L.2-2007, SEC.276.

Sec. 11. "Revenue obligations", for purposes of IC 21-35-5, means any obligations, including: (1) bonds; (2) notes; (3) temporary, interim, or permanent certificates of indebtedness; (4) debentures; or (5) other obligations; payable out of revenues derived from properties describ…

Sec. 12. "Support facility", for purposes of IC 21-35-3, refers to property described in IC 21-35-3-2(1). [Pre-2007 Higher Education Recodification Citation: New.] As added by P.L.2-2007, SEC.276.

Sec. 13. "User", for purposes of IC 21-35-7, means any of the following that has entered into a financing agreement with a state educational institution or developer in contemplation of the user's use of the facilities referred to in the agreement: (1) A person. (2) A firm. (3) A…

Sec. 2. "Bond" means the following: (1) For purposes of IC 21-35-2, any bond evidencing indebtedness for borrowed money under IC 21-35-2. (2) For purposes of IC 21-35-3, any bond evidencing indebtedness for borrowed money under IC 21-35-3. (3) For purposes of IC 21-35-4, any bond…

Sec. 3. "Developer", for purposes of IC 21-35-7, means a for profit or nonprofit: (1) person; (2) firm; (3) partnership; (4) limited liability company; (5) trust; (6) association; or (7) corporation; that enters or proposes to enter into a financing agreement with a state educati…

Sec. 4. "Facilities", for purposes of IC 21-35-7, means buildings and equipment located on or immediately adjacent to a university campus, the primary purpose of which is to make available or provide: (1) offstreet parking; (2) alternative transportation systems; (3) office space…

Sec. 5. "Financing", for purposes of IC 21-35-7, means the activities listed in IC 21-35-7-4. [Pre-2007 Higher Education Recodification Citation: 20-12-1.5-2 part.] As added by P.L.2-2007, SEC.276.

Sec. 6. "Financing agreement", for purposes of IC 21-35-7, means any agreement between a state educational institution and a developer or user concerning: (1) the: (A) acquisition; (B) construction; or (C) management; of facilities; (2) the: (A) financing; (B) leasing; or (C) pos…

Sec. 7. "Income": (1) for purposes of IC 21-35-2, with respect to any property, includes the sum of all mandatory student service fees: (A) collected for the use of the property; and (B) assessed against the students of the institution; to provide security for bonds issued under …

Sec. 8. "Net income" for purposes of IC 21-35-2 and IC 21-35-3, with respect to any property, means income minus the costs of operating, maintaining, and repairing the property except when these costs are otherwise paid. [Pre-2007 Higher Education Recodification Citations: 20-12-…

Sec. 9. "Property": (1) for purposes of IC 21-35-2, means any property that the board of trustees of a state educational institution is authorized to finance under IC 21-35-2 and under IC 21-35-5 by the issuance of bonds, refunding bonds, or advance refunding bonds; (2) for purpo…

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.277.

Sec. 1.3. "Foreign adversary" includes the following: (1) A foreign government listed in 15 CFR 791.4. (2) A country designated as a threat to critical infrastructure by the governor under IC 1-1-16-8. As added by P.L.142-2024, SEC.2. Amended by P.L.116-2025, SEC.4.…

Sec. 1.5. "Intellectual property" means all original data, findings, or other products of the mind or intellect commonly associated with claims, interests, and rights that are protected under trade secret, patent, trademark, copyright, or unfair competition law. As added by P.L.1…

Sec. 2. "Political subdivision" has the meaning set forth in IC 36-1-2-13. [Pre-2007 Higher Education Recodification Citation: 20-12-11-2(c) part.] As added by P.L.2-2007, SEC.277.

Sec. 2.3. "Prohibited person" means the following: (1) A business entity organized under the laws of a foreign adversary. (2) A business entity headquartered in a foreign adversary. (3) A business entity or other entity, including a governmental entity, that is owned or controlle…

Sec. 3. "State agency" has the meaning set forth in IC 2-2.2-1-19. [Pre-2007 Higher Education Recodification Citation: 20-12-11-2(c) part.] As added by P.L.2-2007, SEC.277. Amended by P.L.123-2015, SEC.29.

Sec. 4. "Trust" has the meaning set forth in IC 30-4-1-1(a). [Pre-2007 Higher Education Recodification Citation: 20-12-5-5(b) part.] As added by P.L.2-2007, SEC.277.

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.278.

Sec. 2. "Biodegradation" has the meaning set forth in IC 5-22-5-6. [Pre-2007 Higher Education Recodification Citation: 20-12-68-2.] As added by P.L.2-2007, SEC.278.

Sec. 3. "Chemical degradation" has the meaning set forth in IC 5-22-5-6. [Pre-2007 Higher Education Recodification Citation: 20-12-68-3.] As added by P.L.2-2007, SEC.278.

Sec. 4. "Photodegradation" has the meaning set forth in IC 5-22-5-6. [Pre-2007 Higher Education Recodification Citation: 20-12-68-4.] As added by P.L.2-2007, SEC.278.

Sec. 5. "Refuse bag" has the meaning set forth in IC 5-22-5-6. [Pre-2007 Higher Education Recodification Citation: 20-12-68-5.] As added by P.L.2-2007, SEC.278.

Sec. 6. "Supplies" has the meaning set forth in IC 5-22-2-38. [Pre-2007 Higher Education Recodification Citation: 20-12-3.1-2.] As added by P.L.2-2007, SEC.278.

Sec. 7. "Trust" has the meaning set forth in IC 30-4-1-1(a). [Pre-2007 Higher Education Recodification Citation: 20-12-3-2 part.] As added by P.L.2-2007, SEC.278.

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.279.

Effective 7-1-2027. Sec. 1.5. "Commission" refers to the commission for higher education of the state of Indiana established by IC 21-18-2. As added by P.L.152-2026, SEC.289.

Sec. 10. "First steps child" means an infant or toddler from birth through two (2) years of age who is enrolled in the Indiana first steps program and is a covered individual. [Pre-2007 Higher Education Recodification Citation: 20-12-3.2-1(d).] As added by P.L.2-2007, SEC.279.…

Sec. 11. "First steps program" means the program established under IC 12-12.7-2 and 20 U.S.C. 1431 et seq. to meet the needs of: (1) children who are eligible for early intervention services; and (2) families of children who are eligible for early intervention services. The term …

Sec. 12. "Foundation" refers to a tax exempt foundation related to a state educational institution. [Pre-2007 Higher Education Recodification Citation: 20-12-69-3.] As added by P.L.2-2007, SEC.279.

Sec. 13. "Fund", for purposes of IC 21-38-7, refers to the Indiana state teachers' retirement fund established by IC 5-10.4-2-1. [Pre-2007 Higher Education Recodification Citations: 20-12-69-4; 21-6.1-8-1(2).] As added by P.L.2-2007, SEC.279. Amended by P.L.74-2026, SEC.161.

Sec. 14. "Fund member", for purposes of IC 21-38-7, means an individual who qualifies for membership in the fund described in section 13 of this chapter under IC 5-10.4-4-1. [Pre-2007 Higher Education Recodification Citation: 21-6.1-8-1(3).] As added by P.L.2-2007, SEC.279. Amend…

Sec. 15. "Retirement benefit system" means a retirement benefit system established under IC 21-38-7 by a state educational institution after June 30, 1980. [Pre-2007 Higher Education Recodification Citation: 21-6.1-8-1(5).] As added by P.L.2-2007, SEC.279.

Sec. 2. "Compensation" means the sum of the following: (1) The fiscal year salary received by an employee. (2) An amount not to exceed two thousand dollars ($2,000) received from the state educational institution in contemplation of the employee's retirement, including severance …