§ 263. Reports. Every library or museum, other than a school library,
which enjoys any exemption from taxation or receives state aid or other
privilege not usually accorded to business corporations shall make the
report required by section two hundred fifteen of this chapter, and such
report shall relieve the institution from making any report now required
by statute or charter to be made to the legislature or to any
department, court or other authority of the state. These reports shall
be summarized and transmitted to the legislature by the regents with the
annual reports of the university.