Bylaw 12. Composition and Powers

As established and discussed further in the provisions of Article IX, Section 9 of the Constitution of the State of California, the University of California shall constitute a public trust to be administered by the corporation known as "The Regents of the University of California," with full powers of organization and government, subject only to such legislative control as may be necessary to insure the security of its funds and compliance with the terms of the endowments of the university and such competitive bidding procedures as may be made applicable to the university by statute for the letting of construction contracts, sales of real property, and purchasing of materials, goods, and services.  Pursuant to Article IX, Section 9, the University shall be entirely independent of all political or sectarian influence and kept free therefrom in the administration of its affairs.