Sec. 62.144. FUNDING. (a) The fund consists of any amounts appropriated or transferred to the credit of the fund under the Texas Constitution or otherwise appropriated or transferred to the credit of the fund under this section or another law.
(b) The comptroller shall deposit to the credit of the fund all interest, dividends, and other income earned from investment of the fund.
(c) The comptroller may accept gifts or grants from any public or private source for the fund.
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