Title 21, HIGHER EDUCATION

Sec. 5. Except as otherwise provided in IC 21-34-4, title to all property acquired, including improvements on acquired property, must be taken and held by and in the name of the board of trustees in its corporate capacity for the purposes of this article. The board of trustees of…

Sec. 6. (a) A lessor leasing fifty percent (50%) or more of a building facility or building facilities: (1) to a state educational institution or to more than one (1) state educational institution jointly pursuant to sections 4 and 5 of this chapter for a term of five (5) years o…

Sec. 7. (a) If the board of trustees of a state educational institution determines to locate a building facility upon real estate, the title to which is in the name of the state of Indiana for the use and benefit of: (1) the board of trustees of the state educational institution;…

Sec. 1. This chapter applies to the following state educational institutions: (1) Ball State University. (2) Indiana University. (3) Indiana State University. (4) Purdue University. (5) University of Southern Indiana. [Pre-2007 Higher Education Recodification Citation: 20-12-8-1(…

Sec. 10. Title to all property acquired by a state educational institution, including the improvements located on the property, shall be taken and held by and in the name of the state educational institution. [Pre-2007 Higher Education Recodification Citation: 20-12-8-1(d) part.]…

Sec. 11. (a) If the board of trustees of any state educational institution determines that real estate, the title to which is in the name of the state, for the use and benefit of the board of trustees or the state educational institution under the board's control, is reasonably r…

Sec. 12. To raise funds for the acquisition of property and the erection, construction, reconstruction, extension, remodeling, improvement, completion, equipping, and furnishing of property, the board of trustees of a state educational institution may issue and sell bonds of the …

Sec. 13. The bonds and the interest on the bonds may be secured by pledge or mortgage of: (1) any property, real or personal, used or acquired or to be acquired and used for the property and the improvements made or to be made on the property; (2) the net income from the property…

Sec. 14. The lien of the pledge or mortgage, to the extent of the lien: (1) as determined and provided by the board of trustees; and (2) as authorized under this chapter; is a first and primary lien for the payment of the bonds and the interest on the bonds. [Pre-2007 Higher Educ…

Sec. 15. The bonds may be issued for an amount or amounts as the board of trustees determines. However, these amounts may not exceed: (1) the total estimated cost of acquiring property for and erecting, constructing, reconstructing, extending, remodeling, improving, completing, e…

Sec. 16. (a) The bonds may be: (1) issued in the denominations and with the maturities as the board of trustees determines; and (2) in the discretion of the board of trustees, sold either at public or negotiated sale, as provided by IC 21-32-3-1. (b) The rate or rates of interest…

Sec. 17. Bonds and the pledge or mortgage securing bonds, shall be issued and made in the name and on behalf of the state educational institution by the officer or officers that the board of trustees designates. [Pre-2007 Higher Education Recodification Citation: 20-12-8-2(e).] A…

Sec. 18. Indebtedness, a bond, or an obligation incurred or created under the authority of this chapter may not be or become a lien, charge, or liability against: (1) the state of Indiana; (2) the state educational institution issuing the bonds; or (3) the property or funds of th…

Sec. 19. The board of trustees of a state educational institution may furnish heat, light, power, and other like services to any or all property with or without charge. [Pre-2007 Higher Education Recodification Citation: 20-12-8-4.] As added by P.L.2-2007, SEC.276.

Sec. 2. This chapter applies to the following property: (1) With respect to any state educational institution to which this chapter applies, the following support facilities: (A) Dormitories and other housing facilities for single and married students and school personnel. (B) Fo…

Sec. 20. All: (1) property: (A) acquired under authority of this chapter; or (B) used as a support facility or a research facility; and (2) bonds issued under the authority of this chapter, together with the interest on the bonds; are exempt from taxation. [Pre-2007 Higher Educat…

Sec. 21. (a) Subject to this section, contracts to: (1) acquire land for; (2) construct, purchase, lease, sublease, or otherwise acquire; or (3) engage architectural or engineering services in connection with; any property to be financed in whole or in part by the issuance of bon…

Sec. 22. (a) Bonds may not be issued by a state educational institution under this chapter without the specific approval of: (1) the budget agency, if: (A) the bonds are issued for the refunding or advance refunding of any outstanding bonds approved under this chapter; and (B) th…

Sec. 23. The general assembly may establish each biennium in the appropriation act the maximum aggregate principal amount of bonds that any one (1) or more state educational institution may issue during the ensuing biennium under this chapter. [Pre-2007 Higher Education Recodific…

Sec. 24. An action to contest the validity of any bonds issued under this chapter may not be brought after the fifteenth day following: (1) the first publication of notice of the sale or intent to sell the bonds under IC 21-32-3 if the bonds are sold at public sale; or (2) the pu…

Sec. 3. This chapter does not repeal, modify, or amend any Indiana law in force on March 9, 1927, but shall be considered as supplemental to that law. [Pre-2007 Higher Education Recodification Citation: 20-12-8-10.] As added by P.L.2-2007, SEC.276.

Sec. 4. This chapter may not be construed to affect the validity of any contracts executed before March 10, 1965, or the validity of any bonds contracted to be sold before March 10, 1965. This chapter does not apply to any facilities approved by the budget agency or any predecess…

Sec. 5. (a) Acts 1977, P.L.250 does not affect the issuance of bonds for projects approved by the budget committee and the governor before July 1, 1977. (b) The termination of bonding authority under Acts 1977, P.L.250 does not prevent, limit, or affect the issuance of bonds unde…

Sec. 6. The board of trustees of a state educational institution may, if the board of trustees finds that a necessity exists, erect, construct, reconstruct, extend, remodel, improve, complete, equip, furnish, operate, control, and manage support facilities at or in connection wit…

Sec. 7. (a) This section and any other provisions of this chapter related to implementing this section apply only to the following state educational institutions: (1) Indiana University. (2) Purdue University. (b) The board of trustees of Indiana University and the board of trust…

Sec. 8. A state educational institution may acquire by: (1) purchase; (2) lease; (3) condemnation; (4) gift; or (5) other means; any property, real or personal, that in the judgment of the state educational institution is necessary for a support facility or a research facility. […

Sec. 9. A state educational institution may improve and use any property acquired for a support facility or a research facility. [Pre-2007 Higher Education Recodification Citation: 20-12-8-1(c) part.] As added by P.L.2-2007, SEC.276.

Sec. 1. This chapter applies to the following state educational institutions: (1) Indiana University. (2) Purdue University. (3) Indiana State University. (4) Ball State University. (5) Ivy Tech Community College. (6) University of Southern Indiana. (7) Vincennes University. [Pre…

Sec. 2. This chapter shall at all times be construed as supplemental to all other statutes providing for the sale of real estate by a state educational institution. [Pre-2007 Higher Education Recodification Citation: 20-12-11-5.] As added by P.L.2-2007, SEC.277.

Sec. 3. The board of trustees of a state educational institution may sell and convey any real estate title that is in the name of the: (1) board of trustees of the state educational institution; or (2) state of Indiana for the use and benefit of the state educational institution;…

Sec. 4. The board of trustees of a state educational institution may determine that any real estate (including any real estate acquired by gift, bequest, or devise) for which the title of the real estate is in the name of the: (1) state educational institution; or (2) state of In…

Sec. 5. If a determination is made under section 4 of this chapter to dispose of real estate, the board of trustees of the state educational institution shall adopt a resolution and send a copy of the resolution, duly certified, to the governor. [Pre-2007 Higher Education Recodif…

Sec. 6. Except as provided in section 7 of this chapter, the value of the real estate to be sold and conveyed under this chapter shall be determined by two (2) disinterested appraisers appointed by the board of trustees of the state educational institution. Real estate may be sol…

Sec. 7. The board of trustees of a state educational institution may give or sell real estate in the manner provided by this chapter to: (1) the state; (2) a state agency; or (3) a political subdivision; for any or no consideration, as determined by the board of trustees of the s…

Sec. 8. The price that is agreed on by the purchaser and the board of trustees under this chapter shall be approved in a resolution by the board of trustees of the state educational institution. The board of trustees shall send a copy of the resolution to the governor. [Pre-2007 …

Sec. 1. The authority conferred by this chapter is an independent authority not limited by, but supplemental to, any other statute concerning the same subject matter. [Pre-2007 Higher Education Recodification Citation: 20-12-3-3.] As added by P.L.2-2007, SEC.278.

Sec. 2. A state educational institution may contract for professional or expert services and may contract with agents for the construction, alteration, or repair of any of the state educational institution's buildings or facilities. [Pre-2007 Higher Education Recodification Citat…

Sec. 3. (a) Before securing services described in section 2 of this chapter, the state educational institution must invite bids from at least three (3) bidders. The state educational institution must mail a notice to each bidder not less than ten (10) days before the time fixed f…

Sec. 1. (a) This section applies to the board of trustees of the following state educational institutions: (1) Ball State University. (2) Indiana University. (3) Indiana State University. (4) Purdue University. (5) University of Southern Indiana. (b) The board of trustees of a st…

Sec. 10. The board of trustees of Vincennes University may: (1) appoint subordinate officers the board believes convenient for: (A) the police of Vincennes University; and (B) carrying the statutory powers and duties of Vincennes University into effect; and (2) by ordinance: (A) …

Sec. 11. The board of trustees of Vincennes University may elect and appoint persons of suitable learning and talents to be president and professors of Vincennes University and, subject to IC 5-10.2-2-20 through IC 5-10.2-2-22, agree with them for their salaries and emoluments. T…

Sec. 12. The president and professors of Vincennes University hold offices at the pleasure of the board of trustees of Vincennes University. [Pre-2007 Higher Education Recodification Citation: 23-13-18-7(d) part.] As added by P.L.2-2007, SEC.279.

Sec. 13. A state educational institution that provides or sponsors a post-employment benefit (as defined in IC 5-10-16-5) shall submit to the Indiana public retirement system established by IC 5-10.5-2-1 not later than November 1 each year an OPEB (as defined in IC 5-10-16-4) rep…

Sec. 2. (a) This section applies to the board of trustees of the following state educational institutions: (1) Ball State University. (2) Indiana University. (3) Indiana State University. (4) Purdue University. (5) University of Southern Indiana. (b) To carry out the purposes des…

Sec. 3. The board of trustees of Ball State University may define the duties and provide compensation for faculty and staff of the university. Subject to IC 5-10.2-2-20 through IC 5-10.2-2-22, the authority of the board under this section includes the authority to establish fring…

Sec. 4. The board of trustees of Indiana University may: (1) elect a president, the professors, and other officers for Indiana University as necessary and prescribe the duties and salaries of those positions; (2) employ other persons as necessary; and (3) subject to IC 5-10.2-2-2…