Tex. Gov't Code § 845.104 · Subchapter B. POWERS AND DUTIES OF BOARD OF TRUSTEES
ACCEPTING GIFT, GRANT, OR BEQUEST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board of trustees shall accept a gift, grant, or bequest of money or securities:
(1) for the purpose designated by the grantor if the purpose provides an endowment or retirement benefits to some or all participating employees or annuitants of the retirement system; or
(2) otherwise, for deposit in the endowment fund.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 55.104 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.845.htm
- Text hash
- sha256 226da593474dd8943601536f4e4cab52778a750192f49dd9b01be0d722729498
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.