DecisionDepot
California legal research

Texas Special District Local Laws Code

§ 1050.106 — GIFTS AND ENDOWMENTS

SD § 1050.106Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1050. KNOX COUNTY HOSPITAL DISTRICT · Art. C. POWERS AND DUTIES

Statute text

View on source
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.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 1050.106 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.