Section 13-51A-40 - Retention of revenues by boardThe board shall have power for each such institution to retain in its treasury:
(1) All moneys received from the sale of all bonds or notes issued under this chapter;(2) All fees, rentals, and other charges from students, staff members, and others using or being served by, or having the right to use or the right to be served by, or to operate any project;(3) All health, hospital, medical, laboratory, admission, student activities, student services, and all other fees collected from students matriculated, registered or otherwise enrolled at and attending each such institution pledged under the terms of any resolution authorizing bonds or notes pursuant to this chapter; and(4) All rentals from any facility or building leased to the United States of America, all of which shall be considered always appropriated to the board.
SL 1971, ch 134, § 3, subdiv 6.