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.
Indiana Legal Code