Loans From Fund

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Sec. 5. Notwithstanding any other law to the contrary, the treasurer of state:

(1) on the terms that the treasurer of state prescribes; and

(2) without the approval of the state board of finance;

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.


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