Section 14.40.250. Regents to act as trustees and administer money or property.

Latest version.

The Board of Regents may receive, manage, and invest money or other real, personal, or mixed property for the purpose of the University of Alaska, its improvement or adornment, or the aid or advantage of students or faculty, and, in general, may act as trustee on behalf of the University of Alaska for any of these purposes. The regents shall prepare a written report, in accordance with AS 14.40.190(a), as to the administration and disposition of money received under this section.

Authorities

36.30.850

Notes

References

AS 36.30.850 Application of this chapter.

History

(Sec. 37.10.20 ACLA 1949; am Sec. 2 ch 37 SLA 1976; am Sec. 3 ch 143 SLA 1986; am Sec. 14 ch 21 SLA 1995; am Sec. 3 ch 71 SLA 2008)

                    
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