Statutes > Arkansas Statutes > Title 6 - Education > Subtitle 5 - Postsecondary And Higher Education Generally > Chapter 64 - University of Arkansas > Subchapter 10 - Finances > § 6-64-1002 - Application of funds for specified purposes only.

§ 6-64-1002 - Application of funds for specified purposes only.

6-64-1002. Application of funds for specified purposes only.

The General Assembly, in appropriating moneys for the benefit of the University of Arkansas, shall specify the precise amount that it intends to appropriate for each and every purpose; and the trustees of the institution shall apply each sum as thus directed, and in no other way.