Sec. 845.104. ACCEPTING GIFT, GRANT, OR BEQUEST. 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.
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.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle F - Texas County and District Retirement System
Subchapter B. Powers and Duties of Board of Trustees
Section 845.101. Administration
Section 845.102. Rules and Standards
Section 845.103. Administering System Assets
Section 845.104. Accepting Gift, Grant, or Bequest
Section 845.105. Indebtedness; Payment
Section 845.106. Grants and Payment of Benefits
Section 845.107. Audits and Reviews
Section 845.108. Designation of Authority to Disburse Funds
Section 845.110. Adopting Rates and Tables
Section 845.112. Records of Board of Trustees
Section 845.114. Definition of Participant; Obtaining Information
Section 845.115. Confidentiality of Participant Information
Section 845.1151. Electronic Information
Section 845.116. Electronic Transfer of Funds and Electronic Filing of Documents