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Public Property; Real; Schools and School Districts; Funds

DM-0260

Texas Attorney General Opinion

Endowment fund for educational purposes, school district may establish with donations or bequests but may not place proceeds of land sale therein|Sale of land owned by school district, use of proceeds

Full opinion PDF

Sourced from Texas Attorney General.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.