Tex. Educ. Code § 52.53

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 52.53 - Gifts and Grants

The board may accept gifts, grants, or donations of real or personal property from any individual, group, association, or corporation or the United States, subject to limitations or conditions set by law. The board shall deposit gifts, grants, or donations of money in the student loan auxiliary fund and shall separately account for and expend the funds in accordance with the specific purpose for which given and under such conditions as are imposed by the donor and as provided by law.

Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 325,Sec. 9, eff. 9/1/2019.

Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. 9/1/1971.

Amended by Acts 1991, 72nd Leg., 2nd C.S., ch. 5, Sec. 4.