Tex. Educ. Code § 43.020 · Subchapter A. GENERAL PROVISIONS
TREATMENT OF ACCRUED INCOME.
Text — Current through the 89th 2nd Called Legislative Session, 2025
All interest and dividends accruing from the investments of the permanent school fund shall be deposited to the credit of the available school fund in accordance with the accrual basis of accounting. Funds recognized under this section are considered part of the available school fund and may be appropriated as provided by Section 5, Article VII, Texas Constitution.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 201, Sec. 37, eff. June 10, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.43.htm
- Text hash
- sha256 91c51416b24f9f5d6dc2f87b0aa679530063ba1a294a489025fb3845f392639a
- 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
This section cites
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