Rhode Island § 16-72-4 § 16-72-4. Establishment of capital projects.

Rhode Island Statutes

§ 16-72-4 — § 16-72-4. Establishment of capital projects.

Rhode Island·Title 16 Education·Ch. 16-72 Rhode Island Challenge Grants Act [See Title 16 Chapter 97 â€” The Rhode Island Board of Education Act]

§ 16-72-4. Establishment of capital projects.
When the sum of the challenge grant and matching funds for a particular capital project
            has been deposited into the institutional foundation's capital fund account, the president
            of the institution shall recommend to the board of governors for higher education
            the establishment of a capital project. Upon the approval of the board of governors,
            the capital project will be established and may be named in honor of a donor, benefactor,
            or honoree of the institution, at the option of the president.
         

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§ 16-72-4. Establishment of capital projects.

When the sum of the challenge grant and matching funds for a particular capital project has been deposited into the institutional foundation's capital fund account, the president of the institution shall recommend to the board of governors for higher education the establishment of a capital project. Upon the approval of the board of governors, the capital project will be established and may be named in honor of a donor, benefactor, or honoree of the institution, at the option of the president.

Rhode Island § 16-72-4 (§ 16-72-4. Establishment of capital projects.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.