21-36-4-3. "Monetize"

IN Code § 21-36-4-3 (2019) (N/A)
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Sec. 3. As used in this chapter, "monetize" refers to an exchange of part or all of the possession and control of a capital asset or security of a state educational institution, without a transfer of ownership, for a period of time in return for cash or future revenue as specified in a written agreement between the state educational institution and a third party.

As added by P.L.205-2013, SEC.335.