Sec. 316.033. FUNDS EXCLUDED. This subchapter applies to funds established by state law, but does not apply to any portion of a fund derived from constitutionally dedicated revenues or to funds or fund balances that are: (1) dedicated by the Texas Constitution; (2) held in trust or escrow for the benefit of any person or entity other than a state agency; (3) pledged to the payment of bonds, notes, or other debts; (4) derived from gifts, donations, or endowments made to state agencies or institutions of higher education; (5) pledged to the capital trust fund to be used for construction; or (6) maintained by institutions of higher education, including the Texas State Technical College System.
‹ Prev All Texas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.