53B-20-102. Vesting of rights, claims, and causes of action in higher education
institutions -- Right to sue in corporate name.
All rights, claims, and causes of action to or for any property vested in an institution of
higher education prior to the effective date of this chapter, or the use of or income from the
property, or for any conversion, disposition, and withholding of the property, or for any damage
or injury to the property vests in the institution. The institution may bring and maintain actions in
its corporate name to recover, protect, and preserve all property and rights of the institution and
enforce any contract relating to those rights and property.
Enacted by Chapter 167, 1987 General Session
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Last revised: Wednesday, July 23, 2008