Sec. 1058.105. 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 any 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 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
Section: Previous 1058.063 1058.064 1058.065 1058.101 1058.102 1058.103 1058.104 1058.105 1058.106 1058.107 1058.108 1058.109 1058.151 1058.152 1058.153 NextLast modified: September 28, 2016