Texas Statutes

§ 105.105 — FUNDS RECEIVED FOR TRUST SERVICES.

Texas § 105.105
JurisdictionTexas
Code EDEducation Code

This text of Texas § 105.105 (FUNDS RECEIVED FOR TRUST SERVICES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Education Code Code Ann. § 105.105 (2026).

Text

Sec. 105.105. FUNDS RECEIVED FOR TRUST SERVICES.

(a)The board may deposit in an appropriate system account outside the state treasury all funds received as administrative fees or charges for services rendered in the management or administration of a trust estate under the control of the system.
(b)The funds under Subsection (a) may be spent by the board for any educational purpose of the system.

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Legislative History

Amended by Acts 2001, 77th Leg., ch. 25, Sec. 1, eff. May 2, 2001.

Nearby Sections

15
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Bluebook (online)
Texas § 105.105, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/105.105.