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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.
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 1003.108. Gifts and Endowments - last updated April 14, 2021 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-1003-108.html
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