Title 20, Chapter 3, Section 57
( 20-3-57)
Title to all real, personal, and mixed property of whatever nature
of each of the branches of the University of Georgia is vested in
the board of regents, to be held by the board in trust for the
benefit and use of the institutions entitled thereto, it being the
purpose and intent of the General Assembly that the board shall hold
title to the property or assets of each institution so that each
institution shall receive the use and benefit of the property
devoted to its use; and in no event shall the property or assets of
one institution be subject to the liabilities or obligations of any
other institution; provided, however, that this restriction shall
not prevent the board from utilizing the facilities, educational or
otherwise, of one school for the advancement or assistance of
another. |