Texas Education Code

§ 51.948 — RESTRICTIONS ON CONTRACTS WITH ADMINISTRATORS

ED § 51.948Title 3. HIGHER EDUCATION · Part A. HIGHER EDUCATION IN GENERAL · Ch. 51. PROVISIONS GENERALLY APPLICABLE TO HIGHER EDUCATION · Art. Z. MISCELLANEOUS PROVISIONS

Statute text

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(a)The governing board of an institution of higher education may enter into an employment contract with an administrator that is to be paid in whole or in part from appropriated funds only if, before the date the contract is executed, the governing board determines that the contract is in the best interest of the institution.

(b)A contract entered into by a governing board under this section may not:

(1)provide for employment for more than three years;

(2)allow for severance or other payments on the termination of the contract to exceed an amount equal to the discounted net present cash value of the contract on termination at a market interest rate agreed upon in the contract;

(3)allow for development leave that is inconsistent with Section 51.105; or

(4)award tenure in any way that varies from the institution's general policy on the award of tenure.

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Legislative history

Added by Acts 1999, 76th Leg., ch. 533, Sec. 1, eff. Sept. 1, 1999. Renumbered from Sec. 91.946 by Acts 2001, 77th Leg., ch. 1420, Sec. 21.001(19), eff. Sept. 1, 2001.