Ind. Code § 21-30-5-6
Sale or conveyance of property received by gift or bequest
As added by P.L.2-2007, SEC.271.
The board of trustees may, if not inconsistent with the terms and conditions of the gift, bequest, or devise:
- (1) sell, convey, or otherwise dispose of real property received as a gift, bequest, or devise; and
(2) invest, reinvest, or use the proceeds derived from the sale, conveyance, or disposition of the real property;
if the board of trustees determines that the action will be of the greatest benefit to Vincennes University.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-26 part.]
As added by P.L.2-2007, SEC.271.