In addition to any other powers that a state educational institution has, the board of trustees of a state educational institution may:(1) enter into agreements concerning and to acquire by:(A) gift;(B) purchase; or(C) lease;land or interests in land and personal property needed for the purposes of this chapter;(2) purchase, lease as lessee or lessor, construct, remodel, rebuild, enlarge, or substantially improve property;(3) enter into financing agreements, including leasing land or property to users or developers, subject to this chapter; and(4) enter into agreements with users or developers to allow users or developers to wholly or partially construct and manage property.[Pre-2007 Higher Education Recodification Citation: 20-12-1.5-3.]As added by P.L.2-2007, SEC.276.
Indiana Legal Code