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. 62.144. FUNDING
Latest version.
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(a) The fund consists of any amounts appropriated or transferred to the credit of the fund under the Texas Constitution or otherwise appropriated or transferred to the credit of the fund under this section or another law.
(b) The comptroller shall deposit to the credit of the fund all interest, dividends, and other income earned from investment of the fund.
(c) The comptroller may accept gifts or grants from any public or private source for the fund.
Added by Acts 2009, 81st Leg., R.S., Ch. 287 , Sec. 13, eff. September 1, 2009.