Texas Special District Local Laws Code Chapter 1097 > Subchapter C – Powers and Duties
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Terms Used In Texas Special District Local Laws Code Chapter 1097 > Subchapter C - Powers and Duties
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Donor: The person who makes a gift.
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
- Week: means seven consecutive days. See Texas Government Code 311.005