Texas Education Code

§ 153.004 — OPERATION OF CENTERS

ED § 153.004Title 3. HIGHER EDUCATION · Part H. RESEARCH IN HIGHER EDUCATION · Ch. 153. CENTERS FOR TECHNOLOGY DEVELOPMENT AND TRANSFER

Statute text

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(a)To the extent authorized by its governing board, an institution of higher education, through a center established under this chapter, may:

(1)accept and administer funds, including state appropriations, gifts, grants, contracts, and donations, to aid in the establishment, maintenance, and operation of the center or to aid in the discovery, development, protection, or commercialization of technology;

(2)solicit and enter into agreements to fund the discovery, development, protection, and commercialization of technology;

(3)make technology owned or controlled by it available to persons for commercial applications through license agreements, assignments, or other forms of transfer;

(4)acquire interests in and ownership of technology;

(5)provide business, scientific, and engineering services and technical assistance to persons engaged in the development, manufacture, or marketing of technology in which it owns an interest;

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Legislative history

Added by Acts 2001, 77th Leg., ch. 749, Sec. 1, eff. Sept. 1, 2001.