Determination of Gift Value

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Sec. 3. The value of the property comprised in the gift shall be determined by three (3) disinterested appraisers appointed by the governor, and a gift may not be accepted by any institution named in section 1 of this chapter or by the state itself unless it is approved by the governor.

[Pre-2007 Higher Education Recodification Citation: 4-24-2-3.]

As added by P.L.2-2007, SEC.271.


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