As used in this subchapter, unless the context otherwise requires:
(1) “Executive head”, when used with reference to the University of Arkansas, means the President of the University of Arkansas System;
(2) “Institution” means the educational, charitable, correctional, penal, and other institutions owned and operated by the State of Arkansas and shall include the respective state parks of this state;
(3) “Property” means both real and personal property owned by or under the control of the institution and shall include all highways, streets, alleys, and rights-of-way that are contiguous or adjacent to property owned or controlled by the institution; and
(4) “Property under the control of” shall include that property upon which any registered institutional organization is maintained or property rented or leased for the purpose of facilitating events or functions of the institution.