21-34-5-7. Investments

IN Code § 21-34-5-7 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 7. The money in the building facilities funds may be accumulated and held by a state educational institution for purposes of this article and invested by a state educational institution pending the use of the money. Interest, dividends, or gains resulting from investments must be credited to the building facilities funds.

[Pre-2007 Higher Education Recodification Citation: 20-12-6-5(d).]

As added by P.L.2-2007, SEC.275.