Texas Statutes

§ 106.53 — ACCOUNTS; TRUST FUNDS.

Texas § 106.53
JurisdictionTexas
Code EDEducation Code

This text of Texas § 106.53 (ACCOUNTS; TRUST FUNDS.) 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. § 106.53 (2026).

Text

Sec. 106.53. ACCOUNTS; TRUST FUNDS. Separate accounts shall be kept on the books of the university, showing the sources of all sums collected and the purposes for which expended. All trust funds handled by the board shall be deposited in separate accounts and shall not be commingled with the general income from student fees or other local institutional income, and all trust funds shall be secured by separate bonds or securities.

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Legislative History

Acts 1971, 62nd Leg., p. 3251, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.

Nearby Sections

15
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Bluebook (online)
Texas § 106.53, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/106.53.