11.064 – RESTRICTIONS. (a) No expenditure shall be made
Texas Parks and Wildlife Code § 11.064
Summary
This law restricts how funds from the lifetime license endowment account can be spent, ensuring a minimum balance of $20 million is maintained. It also prohibits using these funds for salaries or employee benefits, directing interest earnings towards specific purposes outlined in another section.
Maintains a minimum balance of $20 million in the account.
Prohibits using funds for salaries or employee benefits.
Allows interest earnings to be used for designated purposes.
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In simple terms: Learn about Texas's RESTRICTIONS. (a) No expenditure shall be made 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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