Texas Special District Local Laws Code § 1082.109 Gifts And Endowments

Sec. 1082.109. 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 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Section: Previous  1082.102  1082.103  1082.104  1082.105  1082.106  1082.107  1082.108  1082.109  1082.110  1082.111  1082.112  1082.113  1082.114  1082.115  1082.151  Next

Last modified: September 28, 2016