Sec. 17.895. SOURCES OF ASSETS    


Latest version.
  • The fund is composed of:

    (1) money and assets, including bond proceeds, attributable to the bonds;

    (2) investment income earned on money on deposit in the fund and depository interest earned on money on deposit in the state treasury;

    (3) money appropriated by the legislature;

    (4) repayments of principal and interest on loans made under this subchapter;

    (5) administrative fees charged by the board under the bond program; and

    (6) any other funds, regardless of their source, that the board directs be deposited to the credit of the fund.

Added by Acts 1989, 71st Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1997, 75th Leg., ch. 1010, Sec. 4.09, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 456, Sec. 7, eff. June 18, 1999; Acts 1999, 76th Leg., ch. 979, Sec. 9, eff. June 18, 1999; Acts 2001, 77th Leg., ch. 966, Sec. 4.20, eff. Sept. 1, 2001; Acts 2003, 78th Leg., ch. 200, Sec. 19(k), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 11, eff. Sept. 1, 2003.