Texas Education Code 51.162 – Gifts and Grants
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Education Code 51.162
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Personal property: All property that is not real property.
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
The association may accept gifts, grants, or donations of real or personal property from any individual, group, association, or corporation. It may accept grants from the United States government subject to the limitations or conditions provided by law.