Authority to acquire real and personal property

Ind. Code § 21-35-2-7
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 7. The board of trustees of a state educational institution may acquire under this chapter or any other law, by: (1) purchase; (2) lease; (3) condemnation; (4) gift; or (5) other means; any property, real or personal, that in the judgment of the board of trustees is necessary for the state educational institution's purposes. [Pre-2007 Higher Education Recodification Citation: 20-12-7-1 part.] As added by P.L.2-2007, SEC.276.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/21Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements