Sec. 4. The commission has no powers or authority relating to the management, operation, or financing of a state educational institution except as expressly set forth by law. All management, operations, and financing of state educational institutions remain exclusively vested in the board of trustees or other governing boards or bodies of the state educational institutions.

[Pre-2007 Higher Education Recodification Citation: 20-12-0.5-11.]

As added by P.L.2-2007, SEC.259.