Sec. 4. The board of trustees of Indiana University may:
(1) possess all the real and personal property of Indiana University for its benefit;
(2) take and hold, in their corporate name, any real or personal property for the benefit of Indiana University; and
(3) expend the income of Indiana University for its benefit.
[Pre-2007 Higher Education Recodification Citation: 20-12-23-2(c) part.]
As added by P.L.2-2007, SEC.272.