NASHVILLE, Tenn. (AP) -- Fisk University of Nashville says it has completed an agreement with an Arkansas museum to share ownership of the Stieglitz Art Collection.
The courts have allowed the school to sell a 50 percent stake in the collection to the Crystal Bridges Museum of American Art in Bentonville. The financially strapped Fisk gets $30 million under the arrangement.
Fisk said Friday the 101-piece collection donated by the late painter Georgia O'Keeffe, under the present plan, will be rotated every two years between the school and the museum. The collection will remain at Fisk through the fall of 2013.
Final details of the arrangement were approved Thursday by a Nashville judge.
O'Keeffe had stipulated that the collection never be sold. A legal battle over the issue lasted more than a decade.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to email@example.com. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.