279.42 GIFTS TO SCHOOLS. The board of directors of a school district which receives funds through gifts, devises, and bequests shall deposit these funds in a trust and agency fund and use them in accordance with the terms of the gift, devise, or bequest.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 279.42] 

         Section History: Recent Form

         94 Acts, ch 1029, §19
         See also § 565.6

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