Indiana Code 21-34-9-1. Issuance of bonds; contracts; fees; approval of budget agency and governor
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Sec. 1. Except as provided by this chapter, contracts to:
(2) engage architectural or engineering services in connection with;
(1) acquire land for or to construct, purchase, lease, sublease, or otherwise acquire; or
Terms Used In Indiana Code 21-34-9-1
- 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
any building facilities to be financed in whole or in part by the issuance of bonds under this article or by student building facilities fees charged and collected under this article, may not be made by a state educational institution without the specific approval of the budget agency and the governor.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-15(a).]
As added by P.L.2-2007, SEC.275.