Such corporation may hold and may lease, sell or in any other manner not inconsistent with the object or terms of the grant or grants under which it holds dispose of any property, real or personal, or any estate or interest therein, remaining of the original or any subsequent grant by Congress, or by this state, or by any person, or accruing to the corporation from any source, including also the proceeds of the University Fund, as to it may seem best for the purposes of its institution.
Structure Code of Alabama
Chapter 47 - University of Alabama.
Article 1 - General Provisions.
Section 16-47-1 - Body Corporate.
Section 16-47-2 - Corporate Powers Generally.
Section 16-47-3 - Power to Hold and Dispose of Property.
Section 16-47-4 - University Fund.
Section 16-47-5 - Grants and Gifts Preserved.
Section 16-47-6 - Rights, Franchises, Properties and Privileges Retained.
Section 16-47-7 - Books May Be Furnished Law Department.
Section 16-47-8 - Code and Reports Furnished Law Department.
Section 16-47-9 - Additional Copies of the State Publications Furnished Law Department for Exchange.
Section 16-47-10 - Police Officers - Appointed by President; Powers and Duties Generally.
Section 16-47-11 - Police Officers - Extended Jurisdiction.
Section 16-47-12 - School of Mines of Alabama.
Section 16-47-13 - Cooperation of University With Bureau of Mines.
Section 16-47-14 - Testing Laboratory.
Section 16-47-15 - Summer School for Teachers - Establishment.
Section 16-47-16 - Summer School for Teachers - Maintenance.