provided, however, that where any such work of art has been granted or conveyed to the system or the board or any institution embraced within the system, or the trustees thereof, for specified uses, the board's action under this subsection shall be in conformity with any use or trust declared in any such grant or conveyance.
(Ga. L. 1935, p. 168, § 1; Ga. L. 1987, p. 1020, § 1; Ga. L. 1998, p. 186, § 1.)
Cross references.- Authority of board of regents to convey or lease property to municipal or county housing authorities for construction of dormitory housing projects, § 8-3-17.
JUDICIAL DECISIONS
Action of delegated authority in making contract deemed action of state.
- When the legislature has delegated the legislature's authority to make a contract to certain officers, or a public board or department of the state government, the action of such a delegated authority in the matter of making a contract is the action of the state. State v. Davison, 198 Ga. 27, 31 S.E.2d 225 (1944).
Regents authorized to lease unusable property to fraternity.
- Regents had authority to enter into a contract to lease property which the university system could no longer advantageously use to a university fraternity for $1.00 per year so long as there is no abuse of discretion. State v. Davison, 198 Ga. 27, 31 S.E.2d 225 (1944).
OPINIONS OF THE ATTORNEY GENERAL
Statutes consistent with budgetary provisions.
- Ga. L. 1935, p. 168, §§ 1 through 3, which authorize the regents to sell excess property and to retain the proceeds, have been ruled to be consistent with the Budget Act, Ga. L. 1962, p. 17, § 1 et seq. 1977 Op. Att'y Gen. No. 77-77.
Board may sell property at less than appraised value.- If the board of regents determines that property may no longer be used advantageously in the university system, the board may, with the approval of the Governor, sell the property to the highest bidder even though the highest bid is less than the appraised value of the property, provided the board deems the sale to be in the best interests of the university system. 1965-66 Op. Att'y Gen. No. 66-146.
Proceeds of sale of property by board are used for support of system and branches. 1962 Op. Att'y Gen. p. 590.
Regents, as lessor, give notice of termination and cancellation of lease.
- Even though this section requires the approval of the Governor as to any sale, lease, or other disposition of property held by the regents, the Governor is not the lessor; the regents are the lessor, and the board is the proper party to give the notice of termination or cancellation of the lease by and through the board's chair and executive secretary without the approval of the Governor. 1963-65 Op. Att'y Gen. p. 529 (see O.C.G.A. § 20-3-60).
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.