Sec. 1029.108. 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 1029.101 1029.102 1029.103 1029.104 1029.105 1029.106 1029.107 1029.108 1029.109 1029.110 1029.151 1029.152 1029.153 1029.154 1029.155 NextLast modified: September 28, 2016