Indiana § 21-34-5-3 - Building facilities fund
Full text of Indiana Indiana Code § 21-34-5-3 — Building facilities fund, with citation guidance and answers to common questions.
§ 21-34-5-3. Building facilities fund
Sec. 3. The board of trustees of each state educational institution shall deposit to the credit of a special fund to be established and designated as the building facilities fund of the board of trustees of the state educational institution or the state educational institution under its control:
(1) all building facilities fees collected by the state educational institution; and
(2) to the extent provided or required by any resolution or trust indenture that is adopted or approved by the board of trustees of the issuing state educational institution, all other fees, income, or funds pledged to secure the payment of bonds, and the interest on the bonds issued under this article.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-5(a) part.]
As added by P.L.2-2007, SEC.275.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 21-34-5-3
What does Indiana Code § 21-34-5-3 cover?
Section 21-34-5-3 ("Building facilities fund") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 21-34-5-3?
A common citation format is "Indiana Code § 21-34-5-3" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 21-34-5-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.