Texas Special District Local Laws Code § 1100.109 Gifts And Endowments

Sec. 1100.109. 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 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

Section: Previous  1100.102  1100.103  1100.104  1100.105  1100.106  1100.107  1100.108  1100.109  1100.110  1100.111  1100.112  1100.113  1100.114  1100.115  1100.116  Next

Last modified: September 28, 2016