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Texas Special District Local Laws Code - Section 1002.108. Gifts And Endowments

Legal Research Home > Texas Lawyer > Special District Local Laws Code > Texas Special District Local Laws Code - Section 1002.108. Gifts And Endowments

§ 1002.108. GIFTS AND ENDOWMENTS.  (a) The board may 
accept for the district a gift or endowment to be held in trust and 
administered by the board for the purposes and under the 
directions, limitations, or provisions prescribed in writing by the 
donor that are not inconsistent with the proper management and 
objectives of the district.
	(b)  This section is not a limitation on the authority of the 
board.         

Acts 2003, 78th Leg., ch. 1277, § 1, eff. April 1, 2005.                   

Last modified: August 10, 2007