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§ 21-31-4-2 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 21 - Higher Education/
  5. Article 31 - State Educational Institutions: Acquisition and Use of Property; Leases/
  6. Chapter 4 - Leases21-31-4-1. Application of Section; Leases/
  7. § 21-31-4-2
Indiana Legal Code

§ 21-31-4-2

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(2) Indiana University.(3) Indiana State University.(4) Purdue University.(5) University of Southern Indiana.(b) The board of trustees of a state educational institution may enter into a lease if the board of trustees determines that the lease is in the best interest of the state educational institution. A lease may not be executed under this chapter for a term exceeding four (4) years unless the execution is approved by the:(1) governor; and(2) budget agency.[Pre-2007 Higher Education Recodification Citation: 20-12-1-2(b) part.]As added by P.L.2-2007, SEC.272.