Sec. 7. The board of trustees of a state educational institution may give or sell real estate in the manner provided by this chapter to: (1) the state; (2) a state agency; or (3) a political subdivision; for any or no consideration, as determined by the board of trustees of the state educational institution and the governmental entity to which the real estate is transferred. [Pre-2007 Higher Education Recodification Citation: 20-12-11-2(c).]
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