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Texas Special District Local Laws Code - SDLL § 1113.108. Gifts and Endowments

Current as of January 01, 2024 | Updated by FindLaw Staff

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. (Acts 59th Leg., R.S., Ch. 6, Sec. 15.)

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 1113.108. Gifts and Endowments - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-1113-108/

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