2006 Kansas Code - 74-3254

      74-3254.   Authority to sell certain partial interests of real estate devised to board of regents or supervised institution; investment of proceeds. The state board of regents is hereby authorized to sell and convey or otherwise dispose of any devise received by said board or a state educational institution subject to its supervision and control without further legislative authorization, subject to any conditions imposed by the testator, where the interest of the state board of regents or such state education institution in the devise is one-half (1/2) or less of the total interest. The proceeds of any such sale and conveyance may be invested in accordance with K.S.A. 76-156a.

      History:   L. 1978, ch. 314, § 1; July 1.