Arkansas Statutes
§ 13-2-505 — Donations for library
Arkansas·Title 13
(a)Any person desiring to make donations of money, personal property, or real estate for the benefit of a library shall have the right to vest the title to the money or real estate so donated in the board of trustees of the library created under this subchapter.
(b)The money or real estate shall be held and controlled by the board, when accepted, according to the terms of the deed, gift, devise, or bequest of the property.
(c)As to the property, the board shall be considered trustees.
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Related
Opinion No.
(Arkansas Attorney General Reports, 2006)
Legislative History
Acts 1931, No. 177, § 7; Pope's Dig., § 9596; A.S.A. 1947, § 19-3207.
Nearby Sections
15
§ 13-10-101
Creation - Duties§ 13-11-101
Creation§ 13-11-102
Administration - Rules§ 13-12-101
Creation§ 13-12-102
Selection§ 13-12-103
Rules§ 13-13-102
Members§ 13-13-103
Duties§ 13-13-104
Funding§ 13-14-101
Short title§ 13-14-102
Legislative intent§ 13-14-103
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