All funds received by the University of Arkansas under the provisions of Acts 1973, No. 200, § 2, and other funds heretofore made available to the university from the State Highway and Transportation Department Fund of the State Highway Commission for the funding of a program of research and education in transportation shall be deposited by the Board of Trustees of the University of Arkansas into an endowment trust fund, the principal of which shall be kept intact and the income from which shall be used to establish, operate, and maintain research and educational programs in transportation.
Structure Arkansas Code
Subtitle 5 - Postsecondary and Higher Education Generally
Chapter 64 - University of Arkansas
§ 6-64-1002. Application of funds for specified purposes only
§ 6-64-1003. Bond given United States to secure use of arms for military
§ 6-64-1005. Employees to file monthly accounts
§ 6-64-1006. Dealers' accounts
§ 6-64-1007. Statement to be itemized for allowance and payment
§ 6-64-1008. Claims allowed and ordered paid to be listed
§ 6-64-1009. Funds excepted from application of §§ 6-64-1006 — 6-64-1008
§ 6-64-1010. Funding of transportation research and education program
§ 6-64-1012. Additional compensation for athletic department