Texas Special District Local Laws Code § 1088.110 Gifts And Endowments

Sec. 1088.110. 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 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 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Section: Previous  1088.103  1088.104  1088.105  1088.106  1088.107  1088.108  1088.109  1088.110  1088.111  1088.112  1088.113  1088.114  1088.115  1088.116  1088.117  Next

Last modified: September 28, 2016