§ 201. Corporate name and objects. The corporation created in the year
seventeen hundred eighty-four under the name of The Regents of the
University of the State of New York, is hereby continued under the name
of The University of the State of New York. Its objects shall be to
encourage and promote education, to visit and inspect its several
institutions and departments, to distribute to or expand or administer
for them such property and funds as the state may appropriate therefor
or as the university may own or hold in trust or otherwise, and to
perform such other duties as may be intrusted to it. The said
corporation shall have power to take, hold and administer real and
personal property and the income thereof in trust for any educational,
scientific, historical or other purpose within the jurisdiction of the
regents of The University of the State of New York.