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§ 21-36-4-3 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 21 - Higher Education/
  5. Article 36 - State Educational Institutions: Disposition of Property/
  6. Chapter 4 - Monetizing Capital Assets21-36-4-1. Applicability/
  7. § 21-36-4-3
Indiana Legal Code

§ 21-36-4-3

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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.