Sec. 107.46.  GIFTS, GRANTS, AND DONATIONS.  The board is specifically authorized, upon terms and conditions acceptable to it, to accept, retain, and administer gifts, grants, or donations of any kind, including real estate or money, from any source, for use by the system, and to carry out the directions, limitations, and provisions declared in writing in the gifts, grants, or donations.
Added by Acts 1983, 68th Leg., p. 1251, ch. 271, Sec. 1, eff. Sept. 1, 1983.
Amended by: 
Acts 2021, 87th Leg., R.S., Ch. 145 (S.B. 1126), Sec. 8, eff. May 26, 2021.