§18B-18A-10. Distributions to State Colleges
(a) The commission may use a portion of those moneys derived from investment earnings accruing to the trust fund in accordance with the provisions of section three of this article, as well as moneys that are not distributed to participating institutions in accordance with the provisions of section nine of this article, to distribute state […]
§18B-18-5. Administration of Fund
(a) Each eminent scholars endowment trust fund established at a state institution of higher education pursuant to section three of this article is to be administered by the appropriate board of Governors. The fund at each institution shall consist of new gifts or bequests of private moneys specifically restricted and designated for the uses set […]
§18B-18-6. Duties of Higher Education Policy Commission
The Higher Education Policy Commission shall: (a) Establish documentation standards and review procedures to determine the eligibility of donor gifts to participate in the eminent scholars program when the gift is initially received or whenever the terms are significantly changed; (b) Require that each participating institution report on total gifts received, investment earnings realized and […]
§18B-18-7. Process for Preparation of Executive Budget
(a) The Governor shall consider for inclusion in the appropriate account the budget request of the policy commission for the eminent scholars program. (b) Whether or not the Governor includes the budget request of the policy commission as described in subsection (a) of this section, the Legislature may include an appropriation in the appropriate account. […]
§18B-18-8. Selection of Eminent Scholars
(a) Each institution shall establish criteria for the selection of persons to be appointed as eminent scholars pursuant to this article. The criteria shall include, but not be limited to: (1) The prospective appointees' record of distinguished academic or professional work in an appropriate field as judged in national terms and verified by the department […]
§18B-18-9. Authorization to Solicit Private Moneys; Terms of Grants; Reports; Handling of Moneys
Each institution, and each dean and department chair within each institution, may solicit moneys for the endowment of eminent scholars pursuant to this article. All persons and institutions engaged in soliciting moneys shall apprise the board of their actions and provide periodic reports, at least once each fiscal year, regarding the amounts secured and, upon […]
§18B-18-10. Other Funds
Effective July 1, 2002, all funds existing in accounts established in the eminent scholars endowment trust fund act and the distinguished professors endowment trust fund act as previously set out in articles twenty-two-a and twenty-two-e, respectively, of chapter eighteen of this code are hereby transferred to the institution for which they were previously designated. Moneys […]
§18B-18A-1. Legislative Findings; Purpose; and Intent
(a) The Legislature finds that the continued expansion of the nation's economy is dependent upon the ability of its institutions of higher education to increase the quality, quantity and productivity of its citizens who are engaged in scientific and technical fields of study. Failure of the United States to compete in these areas may lead […]
§18B-18-2. Definition
Whenever the following term is used in this article, it has the meaning described below: "Board of Governors" or "board" means the institutional boards of Governors, individually or collectively, created pursuant to subsection (b), section one, article two-a of this chapter.
§18B-18-3. Establishment of Funds
There is hereby established at each state institution of higher education an eminent scholars endowment trust fund.