Sec. 1025.109. GIFTS AND ENDOWMENTS. 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 other provisions prescribed in writing by the donor that are not inconsistent with the proper management and objectives of the district.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Section: Previous 1025.102 1025.103 1025.104 1025.105 1025.106 1025.107 1025.108 1025.109 1025.110 1025.111 1025.112 1025.113 1025.114 1025.1145 1025.115 NextLast modified: September 28, 2016