General powers of board as body corporate
Applied in 4 court decisions — leading case 237 F. Supp. 2d 336 - Daniel v. American Board of Emergency Medicine (2002)
Most recently applied in 158 F. App'x 821 - Smith v. Department of Education (December 2005)
A. The Arizona board of regents is a body corporate with perpetual succession. The board has jurisdiction and control over the universities.
B. The board may:
1. Adopt a corporate seal.
2. Contract.
3. Sue and be sued.
4. Purchase, receive, hold, make and take leases and long-term leases of and sell real and personal property for the benefit of this state and for the use of the institutions under its jurisdiction.
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.