Statutes > Kentucky Statutes > CHAPTER 164 STATE UNIVERSITIES AND COLLEGES -- REGIONAL EDUCATION -- ARCHAEOLOGY > 164.160 Trustees constitute body corporate -- Power to receive and administer revenue and property.

164.160 Trustees constitute body corporate -- Power to receive and administer revenue and property.

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164.160 Trustees constitute body corporate -- Power to receive and administer revenue and property. The board of trustees shall be a body corporate, under the name of board of trustees of the <br>University of Kentucky, with the usual corporate powers, and shall possess all the <br>immunities, rights, privileges and franchises usually attaching to the governing bodies of <br>educational institutions. It may receive, hold and administer, on behalf of the university, <br>subject to the conditions attached, all revenues accruing from endowments, <br>appropriations, allotments, grants or bequests, and all types of property. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4527-18.