1.  The lands, premises and property of the State 4-H Camp, or any part thereof, may, when not required for immediate use or occupancy by 4-H members or youth organizations, be made available, under regulations prescribed by the Director with the approval of the Board of Regents, for occupancy and use by other public or private organizations, for educational purposes, for conventions or other noncommercial and nonprofit purposes, at such charge or rental as shall be compensatory, but not primarily for profit.

2.  All moneys received in payment of such rents or charges shall be credited to the Account of the State 4-H Camp. All disbursements for the State 4-H Camp shall be made on claims against the Account, which shall be established specifically for the State 4-H Camp and its activities.