Texas Special District Local Laws Code § 1089.110 Gifts And Endowments

Sec. 1089.110. 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 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.

Section: Previous  1089.103  1089.104  1089.105  1089.106  1089.107  1089.108  1089.109  1089.110  1089.111  1089.112  1089.113  1089.114  1089.115  1089.116  1089.151  Next

Last modified: September 28, 2016