SALE OF LAND BY THE UNIVERSITY OF ARKANSAS.

SEC. 925. SALE OF LAND BY THE UNIVERSITY OF ARKANSAS. The Act of March 2, 1887 (commonly known as the “Hatch Act of 1887”) (7 U.S.C. 361a et seq.) shall not apply to the sale by the University of Arkansas of the approximately 103.52 acres of land in Washington County, Arkansas, owned by the University and commonly known as the “Walker Tract”, if the sale is made on the condition that all of the proceeds of the sale are used for agricultural research facilities and programs of the University of Arkansas.