Sec. 7. The board of trustees of a state educational institution may give or sell real estate in the manner provided by this chapter to:

(1) the state;

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(2) a state agency; or

(3) a political subdivision;

for any or no consideration, as determined by the board of trustees of the state educational institution and the governmental entity to which the real estate is transferred.

[Pre-2007 Higher Education Recodification Citation: 20-12-11-2(c).]

As added by P.L.2-2007, SEC.277.