Section 136F.80 — Grants; Gifts; Bequests; Devises; Endowments.

136F.80 GRANTS; GIFTS; BEQUESTS; DEVISES; ENDOWMENTS. Subdivision 1. Receipt and acceptance. The board may apply for, receive, and accept on behalf of the state and for the benefit of any state college or university any grant, gift, bequest, devise, or endowment that any person, firm, corporation, foundation, or association may make to the board for […]

Section 136F.81 — Transfer Of Gifts.

136F.81 TRANSFER OF GIFTS. A college or university that receives a gift or bequest that is intended for purposes performed by a foundation approved under section 136F.46 may transfer the money to its foundation, provided the money is used only for public purposes. History: 1997 c 183 art 3 s 25