1. (a) The commission may accept gifts, grants, and donations made to the Texas Workers' Compensation Commission. If the value of the gift is $500 or more, the commission must approve acceptance of a gift or donation by a majority vote at a public meeting. The minutes of the public meeting shall include the name of the donor, a description of the gift or donation, and a statement of the purpose of the gift or donation.
2. (b) The Executive Director shall forward all money or financial instruments received as a gift, grant, or donation to the Comptroller of Public Accounts, for deposit in the appropriate commission fund.
3. (c) The Executive Director shall, where appropriate, convert non-monetary gifts, grants, and donations to cash.
4. (d) A donor may direct the use of the gift, grant, or donation in writing. This direction will be followed by the commission, as nearly as practicable, and in accordance with state and federal law.
5. (e) On behalf of the commission, the Executive Director may accept gifts, grants, or donations of less than $500 made to the Workers' Compensation Commission and shall report all gifts, grants, and donations received to the commission.

Source Note:The provisions of this §102.2 adopted to be effective January 1, 1991, 15 TexReg 6746; amended to be effective December 2, 1997, 22 TexReg 11691.