Texas Education Code

§ 153.007 — NO FIDUCIARY DUTY

ED § 153.007Title 3. HIGHER EDUCATION · Part H. RESEARCH IN HIGHER EDUCATION · Ch. 153. CENTERS FOR TECHNOLOGY DEVELOPMENT AND TRANSFER

Statute text

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Except as otherwise provided by law, a governing board, an institution of higher education, a university system, a center, or any employee or member of those entities does not owe a fiduciary duty to any person claiming an interest in consideration received by a university system or an institution of higher education in exchange for technology.

Legislative history

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