Tex. Special District Local Laws Code § 1043.110
GIFTS AND ENDOWMENTS
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 1043.110, GIFTS AND ENDOWMENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/587261
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Full text
The board may accept for the district a gift or endowment to be held in trust and administered by the board for any nonprofit purpose 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.