§ 21-24-2.1-1 “ISU board”
§ 21-24-2.1-2 “Regional campus”
§ 21-24-2.1-3 “University board”
§ 21-24-2.1-4 Transfer of property and assets; agreements to implement chapter
§ 21-24-2.1-5 Assumption of obligations and liabilities
§ 21-24-2.1-6 University board duties
§ 21-24-2.1-7 University board duties
§ 21-24-2.1-8 Required transfers
§ 21-24-2.1-9 Failure to make transfer; notice; state comptroller to issue warrant; amount of warrant
§ 21-24-2.1-10 Fees and charges fixed and imposed by Indiana State University board of trustees; obligation for liabilities
§ 21-24-2.1-11 Contract in existence on April 16, 1985, not impaired
lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code > Title 21 > Article 24 > Chapter 2.1 - Transitional Provisions Relating to Creation of the University of Southern Indiana

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • ISU board: means the Indiana State University board of trustees. See Indiana Code 21-24-2.1-1
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • regional campus: means Indiana State University - Regional Campus Evansville, a regional campus managed by the ISU board in Vanderburgh County, Indiana. See Indiana Code 21-24-2.1-2
  • university board: means the University of Southern Indiana board of trustees established by P. See Indiana Code 21-24-2.1-3
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5