Gifts, grants and donations. School administrative units that enter into a collaborative agreement to form a regional school leadership academy may seek and accept public and private gifts, grants and donations to offset the costs of developing and implementing the collaborative agreement plan under subsection 2 for the regional school leadership academy. A gift, grant or donation received pursuant to this subsection must be approved prior to the receipt of the gift, grant or donation by the school boards for the school administrative units that enter into the collaborative agreement. [PL 2019, c. 70, §5 (NEW).] SECTION HISTORY PL 2019, c. 70, §5 (NEW).