(b) An institution of increased education might preserve an unclaimed income fund and transfer to that fund a credit stability to which this area applies. A deposit for the unclaimed income fund would not have an impact on the ownership of the amount deposited. The institution shall:

(e) Just about every member of a governing board has the lawful tasks of a fiduciary while in the management of money beneath the control of institutions issue towards the board's Management and management.

(1) house under the Handle and jurisdiction in the non-public, nonprofit healthcare corporation or its mum or dad corporation or any entity legally affiliated with or owned, leased, managed, or controlled because of the healthcare Company or its mother or father corporation;

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(b) The establishment of better instruction shall lead to to be deducted in the compensation paid to some member in the college on faculty enhancement go away the deposit and membership dues needed to be paid by him to your Trainer Retirement Method of Texas or to the Optional Retirement Plan, or each, the contribution for Old Age and Survivors Insurance policies, and any other quantities required or licensed to get deducted in the compensation paid out any college member.

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Sec. fifty one.006. Money NOT TO BE USED To raise SALARIES. No A part of any in the money listed in Portion 51.002 of the code shall at any time be applied to increase Bonuses any income over and above the sum preset with the legislature in the overall appropriations act; presented, however, that the usage of this sort of resources by an institution for this function look at here might be precisely approved via the legislature generally regulation or the general appropriations act.

(d) A college marshal appointed via the governing board of a community junior faculty may have or possess a handgun on the Bodily premises of a general public junior college or university campus, but only:

(2) "Program administration" indicates the administrative officers and employees of a College system who're assigned obligation in relation to administration of two or even more element institutions and they are beneath the supervision with the chancellor or other Main govt officer of your College process.

Sec. 51.210. ENFORCEMENT OF Guidelines AND Rules. Notwithstanding any of your provisions of the subchapter, all officers commissioned because of the governing board of the point out institution of larger instruction can be empowered through the board to enforce procedures and restrictions promulgated because of the board.

(three) an Examination of the criteria used to admit students and to award financial investigate this site support to college students, thinking about the mission of the establishment plus the uses of better instruction In this particular state;

(A) a common admission software variety for use by anyone looking for admission like a freshman student to a typical tutorial educating institution;

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(3) sustain a cash to total property ratio that's not a lot less than the larger of 4 % or the bare minimum tier 1 capital to total belongings ratio needed for depository institutions insured by the Federal Deposit Insurance coverage Company.

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