Sec. 5. The authority:

(1) may require that the rates, rents, fees, or charges established by a nonprofit college or university are sufficient to discharge the institution’s obligations to the authority; but

Terms Used In Indiana Code 5-1.2-8-5

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
(2) has no other jurisdiction over the rates, rents, fees, or charges.

As added by P.L.189-2018, SEC.25.