IC 23-13-16
    Chapter 16. Holding of Excess Property Legalized

IC 23-13-16-1
Repealed
    (Repealed by P.L.1-1989, SEC.75.)

IC 23-13-16-2
Amendment of charter to remove limitations
    Sec. 2. Any university or college organized before July 8, 1941,under the laws of the state of Indiana, whether by special law orunder general laws, whose charter, whether by virtue of the speciallaw creating such university or college or by virtue of general lawswhose provisions have been accepted by it, contains a limitation orlimitations upon the amount of property which may be owned bysuch university or college at any given time, may have and is herebygiven the right to amend its charter so as to remove all suchlimitations by accepting the provisions of this chapter as provided insection 3 of this chapter.
(Formerly: Acts 1941, c.62, s.2.) As amended by P.L.34-1987,SEC.359.

IC 23-13-16-3
Procedure to remove limitations in charter
    Sec. 3. (a) Any university or college described in section 2 of thischapter desiring to amend its charter so as to remove the limitationsupon the amount of property ownership as referred to in section 2 ofthis chapter and desiring to accept this chapter may do so by theadoption by its board of directors or board of trustees of a resolutionto that effect and by filing proof of such adoption, verified by at leasta majority of the board, in the office of the secretary of state.
    (b) The charter shall be deemed amended to remove suchlimitations as of the date when such proof is filed in the office of thesecretary of state.
(Formerly: Acts 1941, c.62, s.3.) As amended by P.L.34-1987,SEC.360; P.L.1-1989, SEC.48.

IC 23-13-16-4
Amendment of charter provisions relating to number of trustees ordirectors; procedure
    Sec. 4. Any university or college organized before July 8, 1941,under the laws of this state, whether by special law or under generallaws, whose charter, whether by virtue of the special law creatingsuch university or college or by virtue of general laws whoseprovisions have been accepted by it, contains provisions concerningthe appointment and number of the board of trustees or board ofdirectors of such university or college may have and is hereby giventhe right to amend its charter in respect to the number of persons onits board of trustees or board of directors by the adoption of aresolution passed by a majority vote of its board to that effect, and by

filing proof of such adoption, verified by at least a majority of itsdirectors and sworn to before a notary public or other officerauthorized by law to administer oaths, in the office of the secretaryof state of Indiana. Said charter shall be deemed to be amended as ofthe date when such proof is filed in the office of the secretary ofstate; provided, however, that the provision of this section shall notapply to any state college or university.
(Formerly: Acts 1941, c.62, s.4; Acts 1947, c.30, s.1.) As amended byP.L.34-1987, SEC.361.