Indiana Code 21-7-15-5. Loans from fund
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Sec. 5. Notwithstanding any other law to the contrary, the treasurer of state:
(2) without the approval of the state board of finance;
(1) on the terms that the treasurer of state prescribes; and
Terms Used In Indiana Code 21-7-15-5
- fund: refers to the endowment fund for Purdue University described in section 2 of this chapter. See Indiana Code 21-7-15-1
may make loans from the principal of the fund to the board of trustees of Purdue University.
[Pre-2007 Higher Education Recodification Citation: 21-7-11-3(b).]
As added by P.L.2-2007, SEC.245.