{"data":{"id":"us-tx/tex.-natural-resources-code-51.413","jurisdiction":"us-tx","citation":"Tex. Natural Resources Code § 51.413","heading":"TRANSFERS FROM THE REAL ESTATE SPECIAL FUND ACCOUNT TO THE AVAILABLE SCHOOL FUND AND THE PERMANENT SCHOOL FUND.","body":"(a) The board may, by a resolution adopted at a regular meeting, release from the real estate special fund account funds previously designated under Section 51.401 or managed, used, or encumbered under Section 51.402 or Section 51.4021 to be deposited in the State Treasury to the credit of:\n(1) the available school fund; or\n(2) the Texas Permanent School Fund Corporation for investment in the permanent school fund.\n(b) The board shall adopt rules to establish the procedure that will be used by the board to determine the date a transfer will be made and the amount of the funds that will be transferred to the available school fund or to the Texas Permanent School Fund Corporation for investment in the permanent school fund from the real estate special fund account as provided by Subsection (a).\nAdded by Acts 2007, 80th Leg., R.S., Ch. 1368 (H.B. 3699), Sec. 8, eff. June 15, 2007.\nAmended by:\nActs 2015, 84th Leg., R.S., Ch. 735 (H.B. 1551), Sec. 1, eff. June 17, 2015.\nActs 2019, 86th Leg., R.S., Ch. 524 (S.B. 608), Sec. 11, eff. September 1, 2019.\nActs 2021, 87th Leg., R.S., Ch. 875 (S.B. 1232), Sec. 2.09, eff. December 31, 2022.","path":["NATURAL RESOURCES CODE","TITLE 2. PUBLIC DOMAIN","SUBTITLE D. DISPOSITION OF THE PUBLIC DOMAIN","CHAPTER 51. LAND, TIMBER, AND SURFACE RESOURCES","SUBCHAPTER I. ACQUISITION OF PUBLIC SCHOOL LAND"],"source_url":"https://statutes.capitol.texas.gov/Docs/NR/htm/NR.51.htm#51.413","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:28Z","sha256":"2bece25fd33c882ed79cd9f214a930d617b2ab75bcad4bdc6ff59f9f2492a22e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-natural-resources-code-51.412","next":"us-tx/tex.-natural-resources-code-51.501"},"notice":"GroundRules: Original legal text. Not legal advice."}
