(a) The Board of Trustees of Arkansas Tech University is empowered to grant and convey easements of lands belonging to Arkansas Tech University or to the state and held for the benefit of the university. (b) To that end, the board may execute and deliver for and on behalf of the state and the university an easement or easements containing such terms and conditions as the board may deem proper and in the best interest of the state and the university. (c) The proceeds from any such easement shall be placed in a bank account of the university and may be expended for the benefit of the university at the discretion of the board. Acts 1963, No. 201, §§ 1, 2; A.S.A. 1947, §§ 80-3144, 80-3145. (a) The Board of Trustees of Arkansas Tech University is empowered to grant and convey easements of lands belonging to Arkansas Tech University or to the state and held for the benefit of the university. (b) To that end, the board may execute and deliver for and on behalf of the state and the university an easement or easements containing such terms and conditions as the board may deem proper and in the best interest of the state and the university. (c) The proceeds from any such easement shall be placed in a bank account of the university and may be expended for the benefit of the university at the discretion of the board. Acts 1963, No. 201, §§ 1, 2; A.S.A. 1947, §§ 80-3144, 80-3145. (a) The Board of Trustees of Arkansas Tech University is empowered to grant and convey easements of lands belonging to Arkansas Tech University or to the state and held for the benefit of the university. (b) To that end, the board may execute and deliver for and on behalf of the state and the university an easement or easements containing such terms and conditions as the board may deem proper and in the best interest of the state and the university. (c) The proceeds from any such easement shall be placed in a bank account of the university and may be expended for the benefit of the university at the discretion of the board. Acts 1963, No. 201, §§ 1, 2; A.S.A. 1947, §§ 80-3144, 80-3145. (a) The Board of Trustees of Arkansas Tech University is empowered to grant and convey easements of lands belonging to Arkansas Tech University or to the state and held for the benefit of the university. (b) To that end, the board may execute and deliver for and on behalf of the state and the university an easement or easements containing such terms and conditions as the board may deem proper and in the best interest of the state and the university. (c) The proceeds from any such easement shall be placed in a bank account of the university and may be expended for the benefit of the university at the discretion of the board. Acts 1963, No. 201, §§ 1, 2; A.S.A. 1947, §§ 80-3144, 80-3145.
‹ Prev All Arkansas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.