Indiana § 21-34-5-5 - Building facilities fund; deposits
Full text of Indiana Indiana Code § 21-34-5-5 — Building facilities fund; deposits, with citation guidance and answers to common questions.
§ 21-34-5-5. Building facilities fund; deposits
Sec. 5. (a) The board of trustees of a state educational institution may:
(1) deposit to the credit of the building facilities funds of the state educational institution; or
(2) use for any of the purposes of this article without making a deposit in the building facilities funds;
any other funds from any source that may be available for any of the purposes of the building facilities funds from whatever source derived.
(b) The funds subject to subsection (a) include the following:
(1) Student tuition and other fees, earnings, charges, rentals, interest on permanent endowment funds or other interest, or other income.
(2) Gifts or grants from the federal government or any federal agency or instrumentality or any public or private corporation, association, or person.
(3) State appropriations made specifically for any of the purposes of this article.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-5(b).]
As added by P.L.2-2007, SEC.275.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 21-34-5-5
What does Indiana Code § 21-34-5-5 cover?
Section 21-34-5-5 ("Building facilities fund; deposits") 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 § 21-34-5-5?
A common citation format is "Indiana Code § 21-34-5-5" (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 § 21-34-5-5 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.