63A-5b-1101. Gifts, grants, and donations.
(1) The state or the division may receive a gift, grant, or donation to further the purposes of this part. A gift, grant, or donation described in Subsectionmay not revert to the General Fund. (1)(a)
(2) This Subsectionapplies if: (2) a donor donates land to an institution of higher education and commits to construct a building or buildings on the land; and the institution of higher education: agrees to provide funds for the operation and maintenance costs of the building or buildings from sources other than state funds; and agrees that the building or buildings will not be eligible for state capital improvement funding. Notwithstanding any other provision of this chapter, an institution of higher education that receives a donation described in Subsectionmay: (2)(a) oversee and manage a construction project on the donated land without involvement, oversight, or management from the division; or arrange for oversight and management of the construction project by the division. The role of compliance agency on a construction project on the donated land shall be provided by: the institution of higher education, for a construction project that the institution of higher education oversees and manages under Subsection; or (2)(b) the director, for a construction project that the division oversees and manages under Subsection. (2)(b)(ii)