Sec. 1. (a) Bonds may not be issued by the board of trustees of a state educational institution under this article without the specific approval of the: (1) budget committee; (2) budget agency; and (3) governor. (b) The budget agency may request and consider the recommendation of the staff of the Indiana finance authority with respect to the approval of a bond issue under this section. [Pre-2007 Higher Education Recodification Citation: 20-12-6-16.]
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