Award for the Development, Use, and Management of Property; Considerations

Checkout our iOS App for a better way to browser and research.

Sec. 9. In making an award for the development, use, and management, if applicable, of property, the board of trustees of a state educational institution may consider:

(1) the experience and financial ability of a developer or user;

(2) the plans and specifications for the property;

(3) the size and cost of the property;

(4) payments to be made to or from the state educational institution;

(5) the method of financing and the terms and conditions of any proposed financing agreement; and

(6) any other factors of benefit to the state educational institution.

[Pre-2007 Higher Education Recodification Citation: 20-12-1.5-5 part.]

As added by P.L.2-2007, SEC.276.


Download our app to see the most-to-date content.