Texas Education Code - Section 65.37. Funds Received For Trust Services
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§ 65.37. FUNDS RECEIVED FOR TRUST SERVICES. 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.
Acts 1971, 62nd Leg., p. 3147, ch. 1024, art. 1, § 1, eff. Sept.
1, 1971.
Section: 65.16 65.31 65.32 65.33 65.34 65.35 65.36 65.37 65.38 65.39 65.40 65.41 65.42 65.43 65.45
Last modified: August 10, 2007
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