Tex. Educ. Code § 63.101 · Subchapter B. PERMANENT FUNDS FOR HEALTH-RELATED INSTITUTIONS
CREATION OF FUNDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A separate permanent endowment fund is established for the benefit of each of the following institutions of higher education:
(1) The University of Texas Health Science Center at San Antonio;
(2) The University of Texas M. D. Anderson Cancer Center;
(3) The University of Texas Southwestern Medical Center;
(4) The University of Texas Medical Branch at Galveston;
(5) The University of Texas Health Science Center at Houston;
(6) The University of Texas Health Science Center at Tyler;
(7) The University of Texas at El Paso;
(8) The Texas A&M University Health Science Center;
(9) the University of North Texas Health Science Center at Fort Worth;
(10) the components of the Texas Tech University Health Sciences Center located in El Paso;
(11) the components of the Texas Tech University Health Sciences Center at locations other than El Paso;
(12) the regional academic health center established under Section 74.611; and
(13) Baylor College of Medicine, if a contract between Baylor College of Medicine and the Texas Higher Education Coordinating Board is in effect under Section 61.092.
(b) Each separate permanent endowment fund is a special fund in the treasury outside the general revenue fund.
(c) Each separate permanent endowment fund is composed of:
(1) money transferred to the fund at the direction of the legislature;
(2) gifts and grants contributed to the fund; and
(3) the returns received from investment of money in the fund.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 1402, Sec. 1, eff. Aug. 30, 1999.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 179 (H.B. 1844), Sec. 8, eff. September 1, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.63.htm
- Text hash
- sha256 b381a7ee04e85fa5c18d76b5e53f83edf0c2afaa756f8b5c8fecd1e132997ff3
- 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
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