|(a) Donations in the amount of less than five hundred dollars
may be accepted upon determination of the Commission's executive director
that the donation is for purposes consistent with Texas Agriculture Code,
(b) Gifts, grants and donations valued at five hundred dollars
($500.00) or more must be accepted by a majority of the board, in an open
meeting not later than the 90th day after the date the gift is received by
the Commission. The Commission, when it accepts the gifts in open meeting,
will record the name of the donor, a description of the gift, and a statement
of the purpose of the gift in the minutes of the Commission's meeting.
(c) Donations of real property (real estate) shall be accepted
by the Commission only upon authorization of the legislature.
(d) Donations to the Commission may be for any amount and for
specified or unspecified purposes.