Texas Statutes (Last Updated: January 4, 2014) |
EDUCATION CODE |
Title 3. HIGHER EDUCATION |
Subtitle B. STATE COORDINATION OF HIGHER EDUCATION |
Chapter 62. CONSTITUTIONAL AND STATUTORY FUNDS TO SUPPORT INSTITUTIONS OF HIGHER EDUCATION |
Subchapter G. NATIONAL RESEARCH UNIVERSITY FUND |
Sec. 62.143. ADMINISTRATION AND INVESTMENT OF FUND
Latest version.
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(a) The national research university fund is a fund outside the state treasury in the custody of the comptroller.
(b) The comptroller shall administer and invest the fund in accordance with Section 20, Article VII, Texas Constitution.
Added by Acts 2009, 81st Leg., R.S., Ch. 287 , Sec. 13, eff. September 1, 2009.