Section 15Sec./Art. 15

Authority to Solicit, Receive Donations, Grants and the Like. - Upon the recommendation of the Advisory Board, the School Director may solicit, negotiate with, and received in trust from any public or private, domestic or foreign sources, legacies, gifts, donations, grants, endowments, contributions or other transfers of ownership and/or possession of real or personal properties of all kinds in favor and for the benefit of the School; Provided, That the School Director shall, upon the recommendation by the Advisory Board and in accordance with pertinent accounting and auditing laws, rules and regulations, prescribe the measures necessary for the proper use, maintenance and safekeeping of said donations, grants, endowments, contributions or transfers and the compliance of the terms and conditions thereon, if any.