279.42 Gifts to schools.
The board of directors of a school district that receives funds through a gift, devise, or bequest shall deposit the funds in a trust fund, permanent fund, or agency fund and shall use the funds in accordance with the terms of the gift, devise, or bequest.
[C66, 71, 73, 75, 77, 79, 81, §279.42]
94 Acts, ch 1029, §19; 2013 Acts, ch 88, §17
See also §565.6
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