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§ 217. Provisional charters. On evidence satisfactory to the regents
that the conditions for an absolute charter will be met within a
prescribed time, they may grant a provisional charter which shall be
replaced by an absolute charter when the conditions have been fully met;
otherwise, after the specified time, on notice from the regents to this
effect, the provisional charter shall terminate and become void and
shall be surrendered to the regents. No such provisional charter shall
give power to confer degrees.

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