Texas Special District Local Laws Code § 1093.109 Gifts And Endowments

Sec. 1093.109. 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  1093.102  1093.103  1093.104  1093.105  1093.106  1093.107  1093.108  1093.109  1093.110  1093.111  1093.112  1093.113  1093.114  1093.115  1093.151  Next

Last modified: September 28, 2016