Texas § 43.020 TREATMENT OF ACCRUED INCOME.

Texas Statutes

§ 43.020 — TREATMENT OF ACCRUED INCOME.

Texas § 43.020

Code EDEducation Code

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Bluebook

Tex. Education Code Code Ann. § 43.020 (2026).

Text

Sec. 43.020. TREATMENT OF ACCRUED INCOME. All interest and dividends accruing from the investments of the permanent school fund shall be deposited to the credit of the available school fund in accordance with the accrual basis of accounting. Funds recognized under this section are considered part of the available school fund and may be appropriated as provided by Section 5 , Article VII, Texas Constitution.
SUBCHAPTER B. TEXAS PERMANENT SCHOOL FUND CORPORATION

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Sec. 43.020. TREATMENT OF ACCRUED INCOME. All interest and dividends accruing from the investments of the permanent school fund shall be deposited to the credit of the available school fund in accordance with the accrual basis of accounting. Funds recognized under this section are considered part of the available school fund and may be appropriated as provided by Section 5 , Article VII, Texas Constitution.
SUBCHAPTER B. TEXAS PERMANENT SCHOOL FUND CORPORATION