Tex. Gov't Code § 403.2715 · Subchapter L. PROPERTY ACCOUNTING
UNIVERSITY SYSTEMS AND INSTITUTIONS OF HIGHER EDUCATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "institution of higher education" and "university system" have the meanings assigned by Section 61.003, Education Code.
(b) Except as provided by this section, this subchapter does not apply to a university system or institution of higher education.
(c) A university system or institution of higher education shall account for all personal property as defined by the comptroller under Section 403.272. At all times, the property records of a university system or institution of higher education must accurately reflect the personal property possessed by the system or institution.
(d) The chief executive officer of each university system or institution of higher education shall designate one or more property managers. The property manager shall maintain the records required and be the custodian of all personal property possessed by the system or institution.
(e) Sections 403.273(h), 403.275, and 403.278 apply to a university system or institution of higher education.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 1049 (S.B. 5), Sec. 6.07, eff. June 17, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.403.htm
- Text hash
- sha256 539ce0e837923dae71a3f6d3375fe1b3ca4bae77dd540bfcbc4175e583e4d5aa
- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Government Code
- Tex. Gov't Code § 403.272RESPONSIBILITY FOR PROPERTY ACCOUNTING.Printed as Section 403.272
- Tex. Gov't Code § 403.273PROPERTY MANAGER; PROPERTY INVENTORY.Printed as Sections 403.273(h), 403.275, and 403.278
- Tex. Gov't Code § 403.275LIABILITY FOR PROPERTY LOSS.Printed as Sections 403.273(h), 403.275, and 403.278
- Tex. Gov't Code § 403.278TRANSFER OF PERSONAL PROPERTY.Printed as Sections 403.273(h), 403.275, and 403.278
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.