§18-571. School property - How held.
43 words·~1 min read·
/ok/title-18-corporations/18-571·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any corporation formed for the purpose of establishing an institution of learning shall hold the property of the institution solely for the purpose of education, and not for the individual benefit of itself or any contributor to the endowment thereof. R.L.1910, § 1470.