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