Tex. Educ. Code § 107.46
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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.
Tex. Educ. Code § 107.46