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256-88
256.88 TRUSTS.
Notwithstanding section 633.63, the board may accept and
administer trusts and may authorize nonprofit foundations acting
solely for the support of educational telecommunications including
the broadcast and narrowcast systems to accept and administer trusts
deemed by the board to be beneficial to the operation of the
educational radio and television facility. The board and the
foundations may act as trustees in such instances. Section History: Recent Form
93 Acts, ch 48, §45
