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Court of Appeals Rules in Art Collection Case

NASHVILLE, Tenn. (AP) — The Tennessee Court of Appeals has ruled that Nashville’s Fisk University can share its Stieglitz art collection with Crystal Bridges Museum in Arkansas.
The court Tuesday also removed a rule by the trial court that would have required Fisk to put $20 million of the $30 million Crystal Bridges planned to pay for its share of the collection into an endowment to maintain the art.
The Tennessean newspaper quoted a spokeswoman for the state attorney general’s office as saying the state will review the ruling (http://tnne.ws/vZQyz2 ).
The collection was a gift from the late painter Georgia O’Keeffe to the school. One of the conditions of the donation was that Fisk not sell the collection.
Fisk has said it needs the money from the sale of the art.