Tex. Spec. Dist. Local Laws Code Section 1040.107
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 other provisions prescribed in writing by the donor that are not inconsistent with the proper management and objectives of the district.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Section 1040.107 — Gifts and Endowments, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1040.­htm#1040.­107 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 1040.107’s source at texas​.gov