IC 21-28-4
Chapter 4. Joint Building and Financing Agreements; Joint
Laboratory School Agreements
IC 21-28-4-1 Applicability of chapter
Sec. 1. This chapter applies to all state educational institutions. As added by P.L.2-2007, SEC.269.
IC 21-28-4-2 Board; limitation of powers
Sec. 2. This chapter does not authorize the board of trustees of a
state educational institution to exercise a power under an agreement
that the board of trustees could not otherwise separately exercise
under an enabling statute. As added by P.L.2-2007, SEC.269.
IC 21-28-4-3 Joint powers
Sec. 3. If:
(1) the board of trustees of a state educational institution wants
to exercise a power or powers conferred to it under one (1) or
more of the state educational institution's enabling statutes; and
(2) the board of trustees of one (1) or more other state
educational institutions want to exercise a power or powers
conferred to it or them under one (1) or more enabling statutes;
both or all of those boards of trustees may exercise the powers jointly
as provided in this chapter. As added by P.L.2-2007, SEC.269.
IC 21-28-4-4 Resolutions
Sec. 4. A board of trustees that wants to exercise powers granted
in an enabling act must enter into a written agreement by resolution. As added by P.L.2-2007, SEC.269.
IC 21-28-4-5 Agreements
Sec. 5. An agreement:
(1) must provide for the following:
(A) Its duration.
(B) Its purpose.
(C) The manner of:
(i) financing, staffing, and supplying the joint undertaking;
and
(ii) establishing and maintaining a budget for the joint
undertaking.
(D) The methods that may be employed to:
(i) accomplish the partial or complete termination of the
agreement; and
(ii) dispose of property upon partial or complete
termination.
(E) Administration through a separate legal entity.
(F) With respect to a separate legal entity:
(i) the nature;
(ii) the organization;
(iii) the composition; and
(iv) the powers;
of the separate legal entity; and
(2) may provide for any other appropriate matters. As added by P.L.2-2007, SEC.269.
IC 21-28-4-6 Separate legal entities; powers
Sec. 6. A separate legal entity established by an agreement has
only the powers delegated to it by the agreement. As added by P.L.2-2007, SEC.269.
IC 21-28-4-7 Agreement filings
Sec. 7. Before an agreement takes effect, a copy of the agreement
must be filed with the board of trustees of each state educational
institution that is a party to the agreement. As added by P.L.2-2007, SEC.269.
IC 21-28-4-8 Agreement filings; state board of accounts
Sec. 8. Not later than sixty (60) days after an agreement takes
effect, a copy of the agreement must be filed with:
(1) the state board of accounts for audit purposes; and
(2) the budget agency. As added by P.L.2-2007, SEC.269.
IC 21-28-4
Chapter 4. Joint Building and Financing Agreements; Joint
Laboratory School Agreements
IC 21-28-4-1 Applicability of chapter
Sec. 1. This chapter applies to all state educational institutions. As added by P.L.2-2007, SEC.269.
IC 21-28-4-2 Board; limitation of powers
Sec. 2. This chapter does not authorize the board of trustees of a
state educational institution to exercise a power under an agreement
that the board of trustees could not otherwise separately exercise
under an enabling statute. As added by P.L.2-2007, SEC.269.
IC 21-28-4-3 Joint powers
Sec. 3. If:
(1) the board of trustees of a state educational institution wants
to exercise a power or powers conferred to it under one (1) or
more of the state educational institution's enabling statutes; and
(2) the board of trustees of one (1) or more other state
educational institutions want to exercise a power or powers
conferred to it or them under one (1) or more enabling statutes;
both or all of those boards of trustees may exercise the powers jointly
as provided in this chapter. As added by P.L.2-2007, SEC.269.
IC 21-28-4-4 Resolutions
Sec. 4. A board of trustees that wants to exercise powers granted
in an enabling act must enter into a written agreement by resolution. As added by P.L.2-2007, SEC.269.
IC 21-28-4-5 Agreements
Sec. 5. An agreement:
(1) must provide for the following:
(A) Its duration.
(B) Its purpose.
(C) The manner of:
(i) financing, staffing, and supplying the joint undertaking;
and
(ii) establishing and maintaining a budget for the joint
undertaking.
(D) The methods that may be employed to:
(i) accomplish the partial or complete termination of the
agreement; and
(ii) dispose of property upon partial or complete
termination.
(E) Administration through a separate legal entity.
(F) With respect to a separate legal entity:
(i) the nature;
(ii) the organization;
(iii) the composition; and
(iv) the powers;
of the separate legal entity; and
(2) may provide for any other appropriate matters. As added by P.L.2-2007, SEC.269.
IC 21-28-4-6 Separate legal entities; powers
Sec. 6. A separate legal entity established by an agreement has
only the powers delegated to it by the agreement. As added by P.L.2-2007, SEC.269.
IC 21-28-4-7 Agreement filings
Sec. 7. Before an agreement takes effect, a copy of the agreement
must be filed with the board of trustees of each state educational
institution that is a party to the agreement. As added by P.L.2-2007, SEC.269.
IC 21-28-4-8 Agreement filings; state board of accounts
Sec. 8. Not later than sixty (60) days after an agreement takes
effect, a copy of the agreement must be filed with:
(1) the state board of accounts for audit purposes; and
(2) the budget agency. As added by P.L.2-2007, SEC.269.
IC 21-28-4
Chapter 4. Joint Building and Financing Agreements; Joint
Laboratory School Agreements
IC 21-28-4-1 Applicability of chapter
Sec. 1. This chapter applies to all state educational institutions. As added by P.L.2-2007, SEC.269.
IC 21-28-4-2 Board; limitation of powers
Sec. 2. This chapter does not authorize the board of trustees of a
state educational institution to exercise a power under an agreement
that the board of trustees could not otherwise separately exercise
under an enabling statute. As added by P.L.2-2007, SEC.269.
IC 21-28-4-3 Joint powers
Sec. 3. If:
(1) the board of trustees of a state educational institution wants
to exercise a power or powers conferred to it under one (1) or
more of the state educational institution's enabling statutes; and
(2) the board of trustees of one (1) or more other state
educational institutions want to exercise a power or powers
conferred to it or them under one (1) or more enabling statutes;
both or all of those boards of trustees may exercise the powers jointly
as provided in this chapter. As added by P.L.2-2007, SEC.269.
IC 21-28-4-4 Resolutions
Sec. 4. A board of trustees that wants to exercise powers granted
in an enabling act must enter into a written agreement by resolution. As added by P.L.2-2007, SEC.269.
IC 21-28-4-5 Agreements
Sec. 5. An agreement:
(1) must provide for the following:
(A) Its duration.
(B) Its purpose.
(C) The manner of:
(i) financing, staffing, and supplying the joint undertaking;
and
(ii) establishing and maintaining a budget for the joint
undertaking.
(D) The methods that may be employed to:
(i) accomplish the partial or complete termination of the
agreement; and
(ii) dispose of property upon partial or complete
termination.
(E) Administration through a separate legal entity.
(F) With respect to a separate legal entity:
(i) the nature;
(ii) the organization;
(iii) the composition; and
(iv) the powers;
of the separate legal entity; and
(2) may provide for any other appropriate matters. As added by P.L.2-2007, SEC.269.
IC 21-28-4-6 Separate legal entities; powers
Sec. 6. A separate legal entity established by an agreement has
only the powers delegated to it by the agreement. As added by P.L.2-2007, SEC.269.
IC 21-28-4-7 Agreement filings
Sec. 7. Before an agreement takes effect, a copy of the agreement
must be filed with the board of trustees of each state educational
institution that is a party to the agreement. As added by P.L.2-2007, SEC.269.
IC 21-28-4-8 Agreement filings; state board of accounts
Sec. 8. Not later than sixty (60) days after an agreement takes
effect, a copy of the agreement must be filed with:
(1) the state board of accounts for audit purposes; and
(2) the budget agency. As added by P.L.2-2007, SEC.269.
