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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The board shall adopt procedures for assuring that money appropriated by the legislature specifically to fund enrollment growth in a professional nursing program is:
(1) distributed in a timely manner, including the forfeiture and reallocation of money if an institution fails to provide in a timely manner the information required for the money to be disbursed and if that failure prevents the timely disbursement of money to other institutions; and
(2) expended on the professional nursing program by institutions receiving the money.
(b) The procedures adopted under Subsection (a) must require each professional nursing program receiving money to file a report annually with the board accounting for all money received.
Cite this article: FindLaw.com - Texas Education Code - EDUC § 61.9627. Disbursement and Accounting of Appropriated Funds - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-61-9627/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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