Indiana Code 21-31-2-13.5. Indiana State University; Hulman Center; lease and ownership restrictions
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Terms Used In Indiana Code 21-31-2-13.5
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Sec. 13.5. The board of trustees of Indiana State University may not lease or transfer any ownership interest in the Indiana State University Hulman Center in Terre Haute unless the proposed lease or transfer of an ownership interest has been reviewed by the budget committee.
As added by P.L.213-2015, SEC.240.