Sec. 6. The board of trustees of Purdue University shall take in charge, have, hold, possess, and manage all: (1) property and money comprehended in the donations; (2) funds derived from the sale of the land scrip donated under the act of Congress and the increase of those funds; and (3) money or other property that is at any time donated to and for the use of Purdue University. [Pre-2007 Higher Education Recodification Citation: 20-12-36-4.]
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