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Texas Health & Safety Code - Section 112.012. Funding

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§ 112.012. FUNDING.  (a) The department, another agency 
of this state, including an institution of higher education as 
defined by Section 61. 003, Education Code, or a political 
subdivision of this state may contract with the foundation to 
finance, on behalf of the department, agency, or political 
subdivision, health programs described by Section 112.003.
	(b)  The foundation may apply for and accept funds from the 
federal government or any other public or private entity.  The 
foundation or any member of the foundation may also solicit and 
accept pledges, gifts, and endowments from private sources on the 
foundation's behalf.  The foundation may only accept a pledge, 
gift, or endowment solicited under this section that is consistent 
with the purposes of the foundation.
	(c)  The board of directors of the foundation shall manage 
and approve disbursements of funds, pledges, gifts, and endowments 
that are the property of the foundation.
	(d)  The board of directors of the foundation shall manage 
any capital improvements constructed, owned, or leased by the 
foundation and any real property acquired by the foundation.

Added by Acts 2003, 78th Leg., ch. 198, § 2.54(a), eff. Sept. 1, 
2003.   

Last modified: August 10, 2007