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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The superintendent or director may deposit the interest or increment accruing from funds deposited or invested under Section 551.003 into a fund to be known as the benefit fund. The superintendent or director is the trustee of the fund.
(b) The superintendent or director may spend money from the benefit fund for:
(1) educating or entertaining the patients or clients;
(2) barber or cosmetology services for the patients or clients; and
(3) the actual expense incurred in maintaining the fund.
Cite this article: FindLaw.com - Texas Health and Safety Code - HEALTH & SAFETY § 551.004. Benefit Fund - last updated January 01, 2024 | https://codes.findlaw.com/tx/health-and-safety-code/health-safety-sect-551-004/
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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