Sec. 1102.109. 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 1102.102 1102.103 1102.104 1102.105 1102.106 1102.107 1102.108 1102.109 1102.110 1102.111 1102.112 1102.151 1102.152 1102.153 1102.154 NextLast modified: September 28, 2016