Tex. Educ. Code § 65.37 · Subchapter C. POWERS AND DUTIES OF BOARD
FUNDS RECEIVED FOR TRUST SERVICES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board may deposit in an appropriate university account all funds received as administrative fees or charges for services rendered in the management and administration of any trust estate under the control of the university system or any institution of the system. The funds so received as administrative fees or charges may be expended by the board for any educational purpose of the university system.
Notes and commentary — not statutory text
History
Acts 1971, 62nd Leg., p. 3147, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.65.htm
- Text hash
- sha256 d38b06d0e9a74c75bdb9413049231aa894a55e181702fcf794c4f4994af23856
- 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.