Ind. Code § 21-31-2-4
Indiana University board; authority to acquire real and personal property
As added by P.L.2-2007, SEC.272.
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.
[Pre-2007 Higher Education Recodification Citation: 20-12-23-2(c) part.]
As added by P.L.2-2007, SEC.272.