Sec. 4. The legislative body making a donation under this chapter may make all proper agreements with a state educational institution with reference to the purpose for which the donation must be used. The terms and conditions under which the money is donated, when made and accepted, are binding on the state educational institution accepting the donation.

[Pre-2007 Higher Education Recodification Citation: 21-7-1-2.]

As added by P.L.2-2007, SEC.381.