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Texas Education Code - Section 22.104. Funds Held In Trust

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§ 22.104. FUNDS HELD IN TRUST. All funds received by a district, other educational district, participating charter school, or regional education service center under this subchapter are held in trust for the benefit of the employees on whose behalf the district, school, or service center received the funds. Added by Acts 2005, 79th Leg., ch. 899, § 18.02, eff. Sept. 1, 2005; Acts 2005, 79th Leg., ch. 1359, § 6, eff. Sept. 1, 2005. Redesignated from V.T.C.A., Education Code § 22.105 and reenacted and amended by Acts 2006, 79th Leg., 3rd C.S., ch. 5, § 4.09, eff. May 26, 2006.

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