{"data":{"id":"us-tx/tex.-education-code-45.107","jurisdiction":"us-tx","citation":"Tex. Education Code § 45.107","heading":"INVESTMENT OF GIFTS, DEVISES, AND BEQUESTS.","body":"A gift, devise, or bequest made to a school district to provide college scholarships for graduates of the district may be invested by the board of trustees of the district as provided by Section 117.004, Property Code, unless otherwise specifically provided by the terms of the gift, devise, or bequest.\nAdded by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995. Amended by Acts 2003, 78th Leg., ch. 1103, Sec. 9, eff. Jan. 1, 2004.","path":["EDUCATION CODE","TITLE 2. PUBLIC EDUCATION","SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT","CHAPTER 45. SCHOOL DISTRICT FUNDS","SUBCHAPTER E. MISCELLANEOUS PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.45.htm#45.107","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"197b497313adebeb283f986bad0a96069feaafec5ef1d5c3f79696ac8bac7935","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-45.106","next":"us-tx/tex.-education-code-45.108"},"notice":"GroundRules: Original legal text. Not legal advice."}