Indiana University board; authority to acquire real and personal property
Applied in 1 court decision — leading case Peirick v. Indiana University-Purdue University Indianapolis Athletics Department (2007)
Most recently applied in Peirick v. Indiana University-Purdue University Indianapolis Athletics Department (December 2007)
As added by P.L.2-2007, SEC.272.
Sec. 4. The board of trustees of Indiana University may:
(1) possess all the real and personal property of Indiana University for its benefit;
(2) take and hold, in their corporate name, any real or personal property for the benefit of Indiana University; and
(3) expend the income of Indiana University for its benefit.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.