15-55-01. Portions of campuses set aside for authorized revenue-producing buildings or other revenue-producing campus improvements

15-55-01. Portions of campuses set aside for authorized revenue-producing buildings or other revenue-producing campus improvements. Subject to and in accordance with the terms of this chapter, the state board of higher education, for and on behalf of the institutions under its supervision and control, from time to time, may set aside such portions of the respective campuses of said institutions as may be necessary and suitable for the construction thereon of such revenue-producing buildings or other revenue-producing campus improvements as, from time to time, may be authorized by the legislative assembly, and including additions to existing buildings or other campus improvements used for such purposes, and may construct such campus improvements and buildings or additions thereon and may equip, furnish, maintain, and operate such buildings and other campus improvements.