"Income":

1. (1) for purposes of IC 21-35-2 , with respect to any property, includes the sum of all mandatory student service fees:

   1. (A) collected for the use of the property; and

   2. (B) assessed against the students of the institution;

      to provide security for bonds issued under IC 21-35-2 ; and

2. (2) for purposes of IC 21-35-3 , with respect to a campus facility, includes the sum of all mandatory student service fees:

   1. (A) collected for the use of the facility; and

   2. (B) assessed against the students of the institution;

      to provide security for bonds issued under IC 21-35-3 .

      [Pre-2007 Higher Education Recodification Citations: 20-12-7-1.2; 20-12-8-1.2.]

As added by P.L.2-2007, SEC.276.