Statutes > Arkansas Statutes > Title 6 - Education > Subtitle 5 - Postsecondary And Higher Education Generally > Chapter 62 - Property And Finances Of State Institutions > Subchapter 5 - Trust Conveyances > § 6-62-502 - Trust conveyances authorized.

§ 6-62-502 - Trust conveyances authorized.

6-62-502. Trust conveyances authorized.

Property may be conveyed to the State of Arkansas in trust for any tax-supported institution of higher learning within the state, which property shall be held by the state, subject to the terms of the conveyance, for and on behalf of the institution for whose benefit the conveyance shall have been made.