North Dakota Code 40-38-08 – Donations – How accepted – Board of directors as trustee
Current as of: 2023 | Check for updates
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All persons desirous of making donations of money, books, personal property, or real estate for the benefit of the library may vest the same in the board of directors. The board shall hold and control all property accepted for the use of the library and reading room as a special trustee.
Terms Used In North Dakota Code 40-38-08
- Property: includes property, real and personal. See North Dakota Code 1-01-49
- Trustee: A person or institution holding and administering property in trust.