Indiana Code 21-30-7-13. State educational institution; contract disclosure
Current as of: 2024 | Check for updates
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Sec. 13. (a) A state educational institution shall disclose to the commission any contract of any value entered into directly or indirectly with any foreign source located in a foreign adversary as follows:
(2) For a disclosable contract entered into after June 30, 2024, biannually on January 1 and July 1 of each subsequent year.
(1) For a disclosable contract entered into after December 31, 2020, and before July 1, 2024, not later than September 1, 2024.
Terms Used In Indiana Code 21-30-7-13
- affiliate organization: means any entity under the control of, or established for the benefit of, a state educational institution, including a direct-support organization. See Indiana Code 21-30-7-1
- Contract: A legal written agreement that becomes binding when signed.
- contract: means an agreement for the acquisition of property or services by purchase, lease, or barter for the direct benefit or use of either of the parties. See Indiana Code 21-30-7-2
- foreign adversary: includes the following:
Indiana Code 21-30-7-4
- foreign source: means any of the following:
Indiana Code 21-30-7-6
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(b) A contract entered into with a foreign source through an intermediary or affiliate organization is considered an indirect contract with a state educational institution and is subject to the disclosure required by subsection (a).
As added by P.L.142-2024, SEC.1.