702.06 Gifts, Grants, and Bequests



If approved by the Board of Directors, gifts, grants or bequests involving money, equipment or furnishings may be accepted by the school district.  All gifts, grants or bequests shall be administered in accordance with the terms of the gift or bequest, and shall become the property of the school district under the control of the Board of Directors.

LEGAL REF:            Iowa Code Section 565.6

Approved:          4/9/90              Reviewed:          11/08/10        Revised: __________

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