Sec. 49.355. FUND BALANCES. Fund balances of a school district consolidated under this subchapter may be used only for the benefit of the schools within the district that generated the funds.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Transferred, redesignated and amended from Education Code, Subchapter H, Chapter 41 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.060, eff. September 1, 2019.
Structure Texas Statutes
Subtitle I - School Finance and Fiscal Management
Chapter 49 - Options for Local Revenue Levels in Excess of Entitlement
Subchapter H. Consolidation by Commissioner
Section 49.351. Commissioner Order
Section 49.352. Selection Criteria
Section 49.354. Dissolution of Consolidated District
Section 49.356. Employment Contracts
Section 49.357. Application of Sparse Adjustment and Small and Transportation Allotments