Texas § 85.31 FUNDS RECEIVED FOR TRUST SERVICES.

Texas Statutes

§ 85.31 — FUNDS RECEIVED FOR TRUST SERVICES.

Texas § 85.31

Code EDEducation Code

This text of Texas § 85.31 (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. § 85.31 (2026).

Text

Sec. 85.31. FUNDS RECEIVED FOR TRUST SERVICES.

(a)The board may at its discretion charge administrative fees for services rendered in the management and administration of any trust estate under the control of the system or any component of the system.

(b)Funds received pursuant to such charges may be deposited in an appropriate system or university account and may be expended by the board for any purpose of the system.

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Sec. 85.31. FUNDS RECEIVED FOR TRUST SERVICES. (a) The board may at its discretion charge administrative fees for services rendered in the management and administration of any trust estate under the control of the system or any component of the system.
(b) Funds received pursuant to such charges may be deposited in an appropriate system or university account and may be expended by the board for any purpose of the system.