Sec. 53A.131. AUTHORITY'S EARNINGS. A private person may not share in any of an authority's earnings.
Added by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701), Sec. 2, eff. September 1, 2005.
Structure Texas Statutes
Subtitle A - Higher Education in General
Chapter 53A - Higher Education Facility Authorities for Private Schools
Subchapter B. Administrative Provisions
Section 53A.11. Creation of Authority
Section 53A.13. Corporate Powers
Section 53A.131. Authority's Earnings
Section 53A.14. Board of Directors
Section 53A.15. Organization of Board; Quorum; Employees; Counsel