Sale or conveyance of property received by gift or bequest

Sec. 6. The board of trustees may, if not inconsistent with the terms and conditions of the gift, bequest, or devise: (1) sell, convey, or otherwise dispose of real property received as a gift, bequest, or devise; and (2) invest, reinvest, or use the proceeds derived from the sale, conveyance, or disposition of the real property; if the board of trustees determines that the action will be of the greatest benefit to Vincennes University. [Pre-2007 Higher Education Recodification Citation: 23-13-18-26 part.] As added by P.L.2-2007, SEC.271.