Ind. Code § 21-34-10-1
Bonds; approval of budget committee, budget agency, and governor
As added by P.L.2-2007, SEC.275.
(a) Bonds may not be issued by the board of trustees of a state educational institution under this article without the specific approval of the:
- (1) budget committee;
- (2) budget agency; and
- (3) governor.
(b) The budget agency may request and consider the recommendation of the staff of the Indiana finance authority with respect to the approval of a bond issue under this section.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-16.]
As added by P.L.2-2007, SEC.275.