(a) Power to hold property.--A municipality or corporation that owns or manages a local library may take and hold real or personal property for library purposes.
(b) Transfer of title.--A person wishing to donate books, money or real or personal property for the benefit of a local library may vest the title to that property in the municipality or corporation having control of the affairs of the library, to be held and controlled by the municipality or corporation according to the terms of the deed, gift, devise or bequest.
(c) Fiduciary capacity.--The municipality or corporation shall perform its duties under this section in a fiduciary manner.
(d) Control of property.--Unless the terms of the donation, deed, gift, devise or bequest specify otherwise, the board of library directors or the corporation shall control and administer the property received under this section.
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