§ 6-62-501 - Definitions.
As used in this subchapter, unless the context otherwise requires: (1) "Any tax-supported institution of higher learning" includes the University of Arkansas, University of...
§ 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...
§ 6-62-504 - Title -- Encumbrances.
(a) The State of Arkansas shall take and hold title to any such lands, buildings, and other real property in fee simple or subject...
§ 6-62-506 - Tax Exemption.
All property so conveyed to the State of Arkansas shall be deemed property owned by the state exclusively for a public purpose and shall...
§ 6-62-507 - Income From Property.
(a) All income derived from the administration of any such property shall be deposited in a separate account appropriately designated and shall inure to...