Sec. 1112.108. 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 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015.
Section: Previous 1112.101 1112.102 1112.103 1112.104 1112.105 1112.106 1112.107 1112.108 1112.109 1112.110 1112.111 1112.151 1112.152 1112.153 1112.154 NextLast modified: September 28, 2016