216 - Charters.

§ 216. Charters.  Under  such  name,  with  such number of trustees or  other managers, and with such powers, privileges and duties, and subject  to such limitations and restrictions in all respects as the regents  may  prescribe  in  conformity to law, they may, by an instrument under their  seal and recorded in their office, incorporate any university,  college,  academy,  library,  museum,  or other institution or association for the  promotion of science, literature, art, history or  other  department  of  knowledge,  or  of  education  in  any  way,  associations  of teachers,  students, graduates of educational institutions, and other  associations  whose  approved  purposes  are,  in  whole or in part, of educational or  cultural value deemed worthy of recognition  and  encouragement  by  the  university. No institution or association which might be incorporated by  the  regents  under  this  chapter  shall,  without  their  consent,  be  incorporated under any other general law. An institution or  association  which  might be incorporated by the regents under this chapter may, with  the consent of the  commissioner  of  education,  be  formed  under  the  business  corporation  law or pursuant to the not-for-profit corporation  law if such consent of the commissioner of education is attached to  its  certificate of incorporation.    No  individual,  association,  partnership, company or corporation not  authorized by special charter from the legislature of this state  or  by  charter  from  the  regents  to  operate  a  museum,  or arboretum shall  knowingly use, advertise or transact business under the names  "museum,"  or "arboretum," or any name, title or descriptive material indicating or  tending to imply that said individual, association, partnership, company  or  corporation  conducts,  carries on, or is such a business when it is  not, or that it is authorized to operate as such, unless the right to do  so has been granted by the regents or the commissioner in  writing.  Any  violation  of this paragraph shall be a misdemeanor. Notwithstanding any  other  provision  of   this   section,   an   individual,   association,  partnership,  company  or  corporation  doing business under any of such  names on the effective date of this paragraph may come  into  compliance  with  this  paragraph  by  obtaining  consent  of  the  regents  or  the  commissioner within one year of such effective date.