Sec. 1043.110. 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 any nonprofit purpose 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 1043.103 1043.104 1043.105 1043.106 1043.107 1043.108 1043.109 1043.110 1043.111 1043.112 1043.113 1043.114 1043.151 1043.152 1043.153 NextLast modified: September 28, 2016