Tex. Educ. Code § 153.007 · Chapter 153. CENTERS FOR TECHNOLOGY DEVELOPMENT AND TRANSFER
NO FIDUCIARY DUTY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Except as otherwise provided by law, a governing board, an institution of higher education, a university system, a center, or any employee or member of those entities does not owe a fiduciary duty to any person claiming an interest in consideration received by a university system or an institution of higher education in exchange for technology.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 749, Sec. 1, eff. Sept. 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.153.htm
- Text hash
- sha256 5cc713df8e2fd9f54f106d19bbf505d09482f5cce79678c58a9288681ca0a76c
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.