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Tex. Education Code § 43.020

TREATMENT OF ACCRUED INCOME

Texas · Texas Education Code · Status: effective

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Tex. Education Code § 43.020, TREATMENT OF ACCRUED INCOME, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/636053
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All interest and dividends accruing from the investments of the permanent school fund shall be deposited to the credit of the available school fund in accordance with the accrual basis of accounting. Funds recognized under this section are considered part of the available school fund and may be appropriated as provided by Section 5, Article VII, Texas Constitution.