The state board of regents, for and on behalf of Kansas state university of agriculture and applied science, is hereby authorized to transfer and convey to the Kansas state university endowment association all of the personal property, tangible and intangible, acquired by said university under the last will and testament of the late Charles V. Kincaid of Independence, Kansas, including but not limited to notes payable, real estate installment contract rights, objects of art, paintings, glassware, crystal and silverware.
K.S.A. 76-472