Section 20-3-31. General powers

   The board of regents shall have power:

   (1) To make such reasonable rules and regulations as are necessary for the performance of its duties;

   (2) To elect or appoint professors, educators, stewards, or any other officers necessary for all of the schools in the university system, as may be authorized by the General Assembly; to discontinue or remove them as the good of the system or any of its schools or institutions or stations may require; and to fix their compensations;

   (3) To establish all such schools of learning or art as may be useful to the state and to organize them in the way most likely to attain the ends desired; and

   (4) To exercise any power usually granted to such corporation, necessary to its usefulness, which is not in conflict with the Constitution and laws of this state.

Ga. L. 1931, p. 7, § 61; Code 1933, § 32-121.