Holding property and executing trusts

76-722. Holding property and executing trusts. The board of regents may hold property and receive and execute trusts for any or all state educational institutions and authorize expenditures for the interest of any or all state educational institutions as may in its judgment be necessary. Any state educational institution may hold property and may, with the approval of the board of regents, receive and execute trusts. History: L. 1970, ch. 371, § 12; L. 1977, ch. 237, § 37; April 21.