Indiana Code 21-35-3-23. Maximum aggregate principal amount of bonds each biennium
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Terms Used In Indiana Code 21-35-3-23
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
Sec. 23. The general assembly may establish each biennium in the appropriation act the maximum aggregate principal amount of bonds that any one (1) or more state educational institution may issue during the ensuing biennium under this chapter.
[Pre-2007 Higher Education Recodification Citation: 20-12-8-8.]
As added by P.L.2-2007, SEC.276.