Sec. 7. The university board shall:

(1) fix, maintain, and collect the fees, rates, and charges for the student union building transferred to the university board under section 4 of this chapter;

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Terms Used In Indiana Code 21-24-2.1-7

  • ISU board: means the Indiana State University board of trustees. See Indiana Code 21-24-2.1-1
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • university board: means the University of Southern Indiana board of trustees established by P. See Indiana Code 21-24-2.1-3
(2) levy and collect service fees from students enrolled in the University of Southern Indiana allocable to the student union building transferred to the university board under the authority of section 4 of this chapter;

(3) transfer to the ISU board amounts necessary to provide for payments on the Indiana State University Student Union Building Refunding Bonds (Evansville campus) dated January 1, 1978; and

(4) otherwise comply with the requirements in the indenture of mortgage dated January 2, 1978, for the student union building transferred to the university board under section 4 of this chapter.

As added by P.L.220-2011, SEC.356.