Current as of May 05, 2022 | Updated by FindLaw Staff
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(1) In addition to any other powers which it now has, Utah State University may form nonprofit corporations or foundations controlled by the president of the university and the board to aid and assist the university in attaining its charitable, scientific, literary, research, and educational objectives.
(2) The nonprofit corporations or foundations may receive and administer legislative appropriations, government grants, contracts, and private gifts to carry out their public purposes.
Cite this article: FindLaw.com - Utah Code Title 53B. State System of Higher Education § 53B-18-501. Nonprofit corporations or foundations--Purpose - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-53b-state-system-of-higher-education/ut-code-sect-53b-18-501.html
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