Education Code §43.020

In force on Feb 16, 2006 · this text took effect Jun 10, 2003 · same as today's text

TREATMENT OF ACCRUED INCOME

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.

History: Added by Acts 2003, 78th Leg., ch. 201, Sec. 37, eff. June 10, 2003.

Source: the Legislature's file server, seen Nov 08, 2026.

Every version on file

Effective Jun 10, 2003 · seen Nov 2026–Nov 2026

Attorney General opinions that cite it

GA-0516 (Feb 16, 2006): Appropriate calculation of the market value of the permanent school fund for making distributions to the available school fund

A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.