Tex. Gov't Code § 2204.003
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
An institution of higher education, as defined by Section 61.003, Education Code, may accept a gift or devise of real property from a private entity to establish scholarships or professorships or to be held in trust for other educational purposes only if done consistently with rules and regulations adopted by the Texas Higher Education Coordinating Board pursuant to its power to adopt such rules and regulations under Chapter 61, Education Code.
Tex. Gov't. Code § 2204.003