§70-4302. Assets and obligations of former Boards of Regents.
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All property, funds and other assets of any Board of Regents that is replaced or abolished by the provisions of this Act are hereby transferred to the Board of Regents replacing or succeeding the former Board of Regents, which shall also assume and pay all liabilities and obligations of the former Board of Regents. Laws 1965, c. 396, § 1302.