N.Y. Education Law § 201: Corporate name and objects

§ 201. Corporate name and objects. The corporation created in the year

seventeen hundred eighty-four under the name of The Regents of the

University of the State of New York, is hereby continued under the name

of The University of the State of New York. Its objects shall be to

encourage and promote education, to visit and inspect its several

institutions and departments, to distribute to or expand or administer

for them such property and funds as the state may appropriate therefor

or as the university may own or hold in trust or otherwise, and to

perform such other duties as may be intrusted to it. The said

corporation shall have power to take, hold and administer real and

personal property and the income thereof in trust for any educational,

scientific, historical or other purpose within the jurisdiction of the

regents of The University of the State of New York.