Texas Special District Local Laws Code § 1114.107 Gifts And Endowments

Sec. 1114.107. 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 provisions prescribed in writing by the donor that are not inconsistent with the proper management and object 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  1114.064  1114.101  1114.102  1114.103  1114.104  1114.105  1114.106  1114.107  1114.108  1114.109  1114.110  1114.111  1114.112  1114.113  1114.114  Next

Last modified: September 28, 2016