Unless directed otherwise by the General Assembly, the board of regents shall not use any moneys or properties received from any source other than appropriations by the legislature except for the benefit of the institution for whose use the money or property was donated.
(Ga. L. 1931, p. 7, § 72; Code 1933, § 32-117.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 15A Am. Jur. 2d, Colleges and Universities, § 41.
C.J.S.- 14A C.J.S., Colleges and Universities, § 6 et seq.