The board of directors may accept donations, gifts, and endowments to be held and administered as may be required by the respective donors, to the extent that those requirements do not contravene law.
Tex. Educ. Code § 45.163
ACCEPTANCE OF GIFTS
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.