Kansas Statutes 72-261. Gifts and bequests to state board or institutions thereunder; supervision; expenditure; school districts and community-junior colleges excepted
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Kansas Statutes 72-261
- Bequest: Property gifted by will.
- Donor: The person who makes a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
- State board: means the state board of education created by sections 2 and 3 of article 6 of the constitution and provided for by Kan. See Kansas Statutes 72-244
(a) The state board of education, or any institution under the jurisdiction of the state board, with the approval thereof, may apply for, accept and receive any private donation, gift, grant or bequest made for any purpose related to the operation or function of such board or institution. Such board or institution may hold, administer and expend any such gift, grant or bequest in accordance with any terms or conditions imposed by the donor.
(b) The provisions of subsection (a) do not apply to any school district.