Texas Special District Local Laws Code § 1036.110 Gifts And Endowments

Sec. 1036.110. GIFTS AND ENDOWMENTS. The board may accept for the district a gift or endowment to be held in trust for any purpose and under any direction, limitation, or other provision prescribed in writing by the donor that is consistent with the proper management 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  1036.103  1036.104  1036.105  1036.106  1036.107  1036.108  1036.109  1036.110  1036.111  1036.112  1036.113  1036.114  1036.115  1036.116  1036.151  Next

Last modified: September 28, 2016