Sec. 51.002. FUNDS SUBJECT TO CONTROL. (a) The governing board of each institution listed in Section 51.001 of this code may retain control of the following sums of money collected at the institution, subject to Section 51.008 of this code:
(1) student fees of all kinds;
(2) charges for use of rooms and dormitories;
(3) receipts from meals, cafes, and cafeterias;
(4) fees on deposit refundable to students under certain conditions;
(5) receipts from school athletic activities;
(6) income from student publications and other student activities;
(7) receipts from the sale of publication products and miscellaneous supplies and equipment;
(8) students' voluntary deposits of money for safekeeping;
(9) all other fees and local or institutional funds arising out of and by virtue of the educational activities, research, or demonstrations carried on by the institution; and
(10) donations and gifts to the institution.
(b) The provisions of this subchapter do not apply to any income derived from the permanent university fund.
Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971. Amended by Acts 1991, 72nd Leg., ch. 481, Sec. 1, eff. June 8, 1991.
Structure Texas Statutes
Subtitle A - Higher Education in General
Chapter 51 - Provisions Generally Applicable to Higher Education
Subchapter A. Control of Funds
Section 51.001. Institutions to Which Applicable
Section 51.002. Funds Subject to Control
Section 51.0031. Deposits and Investments
Section 51.0032. Investment Reports and Policies
Section 51.004. Separate Accounts; Trust Funds; Interest
Section 51.0051. Annual Operating Budgets
Section 51.0052. Application Requirement for Colonias Projects
Section 51.006. Funds Not to Be Used to Increase Salaries
Section 51.0065. Applicability of Across-the-Board Salary Increase
Section 51.008. Certain Receipts to Be Deposited in State Treasury
Section 51.009. Defining and Accounting for Certain Income
Section 51.010. Collection of Delinquent Obligations
Section 51.011. Disposition of Small Credit Balances
Section 51.012. Payments by Electronic Funds Transfer or Electronic Pay Card