The board of trustees of Indiana University may acquire from the Fort Wayne Art Institute:

1. (1) any tangible or intangible personal property; and

2. (2) any real property;

   of the Fort Wayne School of Fine Arts that the board determines to be necessary for the operation of the school.

   [Pre-2007 Higher Education Recodification Citation: 20-12-32.5-1.]

As added by P.L.2-2007, SEC.267.