Sec. 62.143. ADMINISTRATION AND INVESTMENT OF FUND. (a) The national research university fund is a fund outside the state treasury in the custody of the comptroller.
(b) The comptroller shall administer and invest the fund in accordance with Section 20, Article VII, Texas Constitution.
Added by Acts 2009, 81st Leg., R.S., Ch. 287 (H.B. 51), Sec. 13, eff. September 1, 2009.
Structure Texas Statutes
Subtitle B - State Coordination of Higher Education
Chapter 62 - Constitutional and Statutory Funds to Support Institutions of Higher Education
Subchapter G. National Research University Fund
Section 62.143. Administration and Investment of Fund
Section 62.145. Eligibility to Receive Distributions From Fund
Section 62.146. Accounting Standards; Verification of Information
Section 62.148. Distribution of Appropriated Funds to Eligible Institutions