Texas Education Code - Section 66.02. Available University Fund
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§ 66.02. AVAILABLE UNIVERSITY FUND. Distributions from
the permanent university fund shall constitute the available
university fund. All distributions from the permanent university
fund shall be deposited in the State Treasury to the credit of the
available university fund by the board of regents of The University
of Texas System or by the custodian or custodians of the permanent
university fund's securities. The University of Texas System shall
provide the information necessary for the comptroller to accurately
account for distributions from the permanent university fund and to
protect state revenues. The system shall provide the information
using the method, format, and frequency required by the
comptroller.
Acts 1971, 62nd Leg., p. 3149, ch. 1024, art. 1, § 1, eff. Sept.
1, 1971. Amended by Acts 1997, 75th Leg., ch. 1311, § 1, eff.
Sept. 1, 1997; Acts 1999, 76th Leg., ch. 1467, § 1.04, eff. June
19, 1999.
Section: 65.40 65.41 65.42 65.43 65.45 65.46 66.01 66.02 66.04 66.05 66.06 66.07 66.08 66.09 66.21
Last modified: August 11, 2007
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