§ 1-1. In general.

(a) Board may receive.

The Board of School Commissioners is hereby authorized to receive all devises, bequests, and donations which may be made for the benefit of said public schools.

(b) Credit to school fund.

All devices, bequests, and donations received by said board, by virtue either of this section or of any act or acts of the General Assembly of Maryland, shall be paid over by it to the Director of Finance, who shall place the same to the credit of the school fund.