(a) The Board of Trustees of Henderson State University is abolished as a separate entity with responsibility for the governance of Henderson State University and is transferred to the control of the Board of Trustees of the Arkansas State University system.
(b) The Board of Trustees of Henderson State University shall:(1) Relinquish all responsibility, control, and supervision concerning Henderson State University; and(2) Be divested of all obligations and duties applicable to Henderson State University that are abolished by this section.
(1) Relinquish all responsibility, control, and supervision concerning Henderson State University; and
(2) Be divested of all obligations and duties applicable to Henderson State University that are abolished by this section.
(c) The Board of Trustees of the Arkansas State University system shall become vested with and succeed to all of the following that were vested with the Board of Trustees of Henderson State University before its abolishment under subsection (a) of this section:(1) Rights;(2) Powers;(3) Interests;(4) Duties;(5) Responsibilities;(6) Titles; and(7) Interests in and to all:(A) Real property; and(B) Personal property.
(1) Rights;
(2) Powers;
(3) Interests;
(4) Duties;
(5) Responsibilities;
(6) Titles; and
(7) Interests in and to all:(A) Real property; and(B) Personal property.
(A) Real property; and
(B) Personal property.