A private person may not share in any of an authority's earnings.
Official text of the Texas Education Code as published by the Texas Legislative Council.
Education Code › Title 3 › Chapter 53 › Subchapter B
Texas Education Code § 53.131
Authority's Earnings
Higher Education Facility Authorities for Public Schools · Administrative Provisions
Legislative history
Added by Acts 1983, 68th Leg., p. 861, ch. 200, Sec. 3, eff. Aug. 29, 1983.
Reenacted and amended by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701), Sec. 1, eff. September 1, 2005.