Ark. Code § 6-62-502
Current with legislation from 2024 Fiscal and Special Sessions.
Property may be conveyed to the State of Arkansas in trust for any tax-supported institution of higher education within the state, which property shall be held by the state, subject to the terms of the conveyance, for and on behalf of the institution for whose benefit the conveyance shall have been made.
Ark. Code § 6-62-502