To raise funds for the acquisition of property and the erection, construction, reconstruction, extension, remodeling, improvement, completion, equipping, and furnishing of property, the board of trustees of a state educational institution may issue and sell bonds of the state educational institution.

[Pre-2007 Higher Education Recodification Citation: 20-12-8-2(a) part.]

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