Unless otherwise restricted, the proceeds of all nonfederally granted lands sold or leased by the University of Montevallo, or income therefrom, shall be paid to the University of Montevallo and budgeted and expended by the board of trustees for the benefit of the university. The university, out of the money appropriated by the state Legislature for its maintenance, shall pay all the expenses of caring for, protecting, and selling the lands.
Structure Code of Alabama
Chapter 54 - University of Montevallo.
Section 16-54-1 - Name; Powers Generally.
Section 16-54-2 - Board of Trustees.
Section 16-54-3 - Purpose; Mission.
Section 16-54-4 - Degrees and Diplomas.
Section 16-54-6 - Faculty and Staff.
Section 16-54-7 - Secretary of Trustees and University.
Section 16-54-8 - Treasurer - Generally; Bond.
Section 16-54-9 - Treasurer - Removal.
Section 16-54-10 - Records of Transactions Required.
Section 16-54-11 - Who May Be Admitted.
Section 16-54-12 - Property Exempt From Taxes; Employees Exempt From Town License Taxes.
Section 16-54-13 - Student Assistants.
Section 16-54-13.1 - Employment, Powers, and Duties of University Police Officers.
Section 16-54-13.2 - Enforcement of Fire Protection and Prevention Laws, etc., by Fire Marshal.
Section 16-54-14 - Grants and Rights Preserved.
Section 16-54-15 - Condemnation of Lands or Interests Therein.