Statutes > Arkansas Statutes > Title 6 - Education > Subtitle 5 - Postsecondary And Higher Education Generally > Chapter 62 - Property And Finances Of State Institutions > Subchapter 6 - Transfer or Lease of Property > § 6-62-602 - Transfer and lease authorized.

§ 6-62-602 - Transfer and lease authorized.

6-62-602. Transfer and lease authorized.

Subject to and in accordance with the provisions of this subchapter and in addition to any other statutory or inherent authority of a board, any board is authorized to transfer and simultaneously enter into a lease agreement concerning any property.