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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 855.104: ACCEPTING GIFT, GRANT, OR BEQUEST.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 8. PUBLIC RETIREMENT SYSTEMS
  3. SUBTITLE G. TEXAS MUNICIPAL RETIREMENT SYSTEM
  4. CHAPTER 855. ADMINISTRATION
  5. SUBCHAPTER B. POWERS AND DUTIES OF BOARD OF TRUSTEES

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) if no purpose is designated, 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. 65.104 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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