Sec. 8. Revenue obligations must be authorized by resolution adopted by the board of trustees. The terms, conditions, and form of the revenue obligations must be set out in the resolution or in a form of trust indenture between the state educational institution and a designated corporate trustee, or both.
[Pre-2007 Higher Education Recodification Citation: 20-12-9-4 part.]
As added by P.L.2-2007, SEC.276.