New York Education Law Section 201 - Corporate name and objects.

 201. Corporate name and objects. The corporation created in the year
  seventeen  hundred  eighty-four  under  the  name  of The Regents of the
  University of the State of New York, is hereby continued under the  name
  of  The  University  of  the  State of New York. Its objects shall be to
  encourage and promote  education,  to  visit  and  inspect  its  several
  institutions  and  departments, to distribute to or expand or administer
  for them such property and funds as the state may  appropriate  therefor
  or  as  the  university  may  own  or hold in trust or otherwise, and to
  perform  such  other  duties  as  may  be  intrusted  to  it.  The  said
  corporation  shall  have  power  to  take,  hold and administer real and
  personal property and the income thereof in trust for  any  educational,
  scientific,  historical  or other purpose within the jurisdiction of the
  regents of The University of the State of New York.

Last modified: February 3, 2019