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Texas Education Code - EDUC § 85.31. Funds Received for Trust Services

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The board may at its discretion charge administrative fees for services rendered in the management and administration of any trust estate under the control of the system or any component of the system.

(b) Funds received pursuant to such charges may be deposited in an appropriate system or university account and may be expended by the board for any purpose of the system.

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Cite this article: FindLaw.com - Texas Education Code - EDUC § 85.31. Funds Received for Trust Services - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-85-31/

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