Gifts and Endowments

Tex. Special District Local Laws Code § 1121.111, under Chapter 1121.

Tex. Special District Local Laws Code § 1121.111

Sec. 1121.111. GIFTS AND ENDOWMENTS. The board may accept for the district a gift or endowment to be held in trust for any purpose and under any direction, limitation, or provision in writing by the donor that is consistent with the proper management of the district. Added by Acts 2015, 84th Leg., R.S., Ch. 141 (S.B. 2034), Sec. 1, eff. May 28, 2015.