2005 West Virginia Code - §18-23-4. — Gifts to state institutions.

§18-23-4. Gifts to state institutions.

The governing boards are hereby empowered to accept any gift or devise of any property or thing which lawfully may be given. If such gift or devise is to any particular state institution of higher education, whatever profit shall arise from its use or investment shall be paid into the state treasury for the use and benefit of such institution, and the governing board of each such institution is hereby invested with the title to the property which is or may be the subject of such gift or devise.

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