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.