102.52 – TRANSFER OF MONEY; DISBURSEMENTS. All money so
Texas Education Code § 102.52
Summary
This law mandates that funds received by the university must be promptly transferred to the West Texas State University Foundation or another agreed-upon fund. The university's business manager oversees the disbursement of these funds, ensuring proper management and allocation.
Funds must be transferred to designated foundations promptly.
Disbursement is supervised by the university's business manager.
Agreements between donors and the university dictate fund allocation.
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In simple terms: Learn about Texas's TRANSFER OF MONEY; DISBURSEMENTS. All money so law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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