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Texas Special District Local Laws Code

§ 1008.113 — GIFTS AND ENDOWMENTS

SD § 1008.113Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1008. CHILLICOTHE HOSPITAL DISTRICT · Art. C. POWERS AND DUTIES

Statute text

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The board may accept for the district a gift or endowment to be held in trust for a purpose and under a written direction, limitation, or provision of the donor that is consistent with the proper management and objectives of the district.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.01, eff. April 1, 2007.

Source: Texas Special District Local Laws Code § 1008.113 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.