(a) Except as otherwise provided by this section, the board shall apply the funds
realized from all fees payable under this chapter first to pay all necessary expenses
of the board and then, by order of the board, to compensate members of the board.
(b) The board shall deposit in the University of Houston development fund 15 percent
of each renewal fee collected by the board under Section 351.152. The money paid to that fund under this subsection may be used solely for scholarships
or improvements in the physical facilities, including library facilities, of the College
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 or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.