Texas Education Code

§ 49.355 — FUND BALANCES

ED § 49.355Title 2. PUBLIC EDUCATION · Part I. SCHOOL FINANCE AND FISCAL MANAGEMENT · Ch. 49. OPTIONS FOR LOCAL REVENUE LEVELS IN EXCESS OF ENTITLEMENT · Art. H. CONSOLIDATION BY COMMISSIONER

Statute text

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Fund balances of a school district consolidated under this subchapter may be used only for the benefit of the schools within the district that generated the funds.

Legislative history

Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995. Transferred, redesignated and amended from Education Code, Subchapter H, Chapter 41 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.060, eff. September 1, 2019.