21-21A-21: Dissolution of foundation.
Where this section sits in the code
- Chapter 21 - State and Private Education Institutions
- ARTICLE 21A Educational Assistance
Upon termination or dissolution, all rights and properties of the foundation shall pass to and be vested in the state, subject to the rights of any bondholders, lienholders and other creditors.
Collected 2026-09-03T15:02:19Z. Source file · JSON