N.Y. Education Law § 5716: Acquisition by the state of land and interests in land of Cornell university upon which buildings have heretofore or may hereafter be ere...

§ 5716. Acquisition by the state of land and interests in land of

Cornell university upon which buildings have heretofore or may hereafter

be erected by the state. Notwithstanding the provisions of section

fifty-seven hundred and six of this chapter, any lands owned by Cornell

university upon which buildings have been heretofore or may hereafter be

erected by the state for the purpose of any college, school or

experiment station provided for in this article, together with such

additional contiguous lands as may be deemed appropriate or needful to

the purposes of any such college, school or experiment station, with

such rights of way, for purposes of ingress and egress thereto and

therefrom or for other purposes over other lands of Cornell university,

as may be deemed necessary, may be conveyed by Cornell university to the

people of the state, without consideration, pursuant to such agreement

or agreements therefor as may be made between Cornell university and,

with the approval of the director of the budget, the trustees of the

state university of New York, acting for and on behalf of the people of

the state. Any such conveyance may be made upon such terms and

conditions, including conditions precedent or conditions subsequent with

provision of reverter and right of re-entry upon breach thereof, as may

be provided for by any such agreement. All such agreements shall be in

writing and shall be approved as to form and manner of execution by the

attorney-general before they shall become binding on the state. No

conveyance authorized herein shall be accepted on behalf of the state

unless the title to the property conveyed shall be approved by the

attorney-general and the deed of conveyance approved as to form and

manner of execution by him.