The district board of trustees of any school district may accept and hold in trust for its particular school district any property granted, devised, given or bequeathed to the district and use it in such manner as in its judgment seems most conducive to the welfare of the schools when not otherwise directed by the terms of the grant, devise, gift or bequest.
HISTORY: 1962 Code Section 21-231.1; 1974 (58) 1937.