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§ 238. Chair on geriatrics in the state university. 1. There is hereby established in the state university of New York, under the jurisdiction of its board of trustees, one distinguished chair on geriatrics at a state operated institution in the state university for professional education in medicine.

2. The state university board of trustees shall select the location of such chair and shall determine the fields of knowledge to be included within the term "geriatrics" as used in this section.

3. The state university board of trustees are hereby authorized, within annual appropriations made for this purpose, to appoint outstanding scholars to fill the chair on geriatrics established by this section, on such terms and conditions and for such duration as may be agreed upon by the parties.