Tex. Gov't Code § 442.049 · Subchapter A-1. AFFILIATED NONPROFIT ORGANIZATIONS; FRIENDS OF THE TEXAS HISTORICAL COMMISSION
ACCOUNTABILITY; INVESTMENT RESTRICTIONS; AUDIT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Chapter 2256 applies to an organization that is a party to an agreement under this subchapter to the extent that the agreement authorizes the organization to exercise control over state money.
(b) An organization that is a party to an agreement under this subchapter shall have an annual audit prepared by an independent auditor. The organization shall file the audit report with the commission.
(c) All financial transactions involving, and financial records relating to, state money held by an organization that is a party to an agreement under this subchapter are subject to audit by the state auditor as provided by Section 321.013.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 948 (H.B. 4187), Sec. 5, eff. September 1, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.442.htm
- Text hash
- sha256 659bae761abfe6848fe2c5831562dbf153818f1a6c85d51eb57cf6d6c52b5ce5
- 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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