The regents of the university shall elect a president of the university who shall hold his office until removed by the board of regents. He shall be the principal executive officer of the university, a member of the faculty thereof, and shall carry out the policies and programs established by the board of regents.

Source: Entire article added, effective August 1, 1876, see L. 1877, p. 57. L. 72: Entire section R&RE, p. 645, effective July 1, 1973.