§ 16-59-18 - Receipts from sources other than appropriations.
SECTION 16-59-18
§ 16-59-18 Receipts from sources otherthan appropriations. (a) All receipts from all sources other than state appropriations shall not becovered into the general fund of the state, but shall be kept by the generaltreasurer of the state in a separate fund for the board of governors for highereducation, and shall be paid out by the treasurer upon the order of the board,without the necessity of appropriation or re-appropriation by the generalassembly.
(b) The board of governors of higher education shall ensurethat state colleges and universities have a structure in place to prohibitthese colleges and universities from accepting funds that would interfere withor restrict academic freedom at the state colleges and universities. Nothingcontained in this subsection shall be construed in a way as to prohibit a donorfrom earmarking funds for a particular purpose or use including but not limitedto research, scholarships, construction, or development.