
§ 11.043. UNIVERSITY FUND.  After payment of the amount 
due to the permanent school fund for proceeds from the sale of the 
portion of the public land set aside for payment of the public debt 
by act of the legislature in 1879 and payment directed to be made to 
the permanent school and university funds by act of the legislature 
in 1883, the remainder of the land not to exceed two million acres 
or the proceeds from their sale shall be divided in half and one of 
the halves shall constitute a permanent endowment fund for The 
University of Texas System.

Acts 1977, 65th Leg., p. 2352, ch. 871, art. I, § 1, eff. Sept. 1, 
1977.

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Last modified: August 10, 2007