No gift, bequest, or devise made to any such institution for a particular purpose shall be applied to any other purpose unless it is impossible or impracticable for the original purpose to be executed.
Structure Arkansas Code
Subtitle 1 - General Provisions
Chapter 2 - Corporate Charters
§ 6-2-102. Number of persons required to incorporate — Name of association
§ 6-2-103. Purpose — Use of funds or property
§ 6-2-104. Initial meeting — Quorum
§ 6-2-107. Change of name or provisions
§ 6-2-108. Filing and recording fees
§ 6-2-109. Corporate power and government
§ 6-2-110. Power to borrow for the construction of facilities
§ 6-2-111. Degrees, diplomas, and honors