Texas § ED.43.052 - CREATION OF CORPORATION

Full text of Texas The Texas Constitution § ED.43.052 — CREATION OF CORPORATION, with citation guidance and answers to common questions.

§ ED.43.052. CREATION OF CORPORATION

CREATION OF CORPORATION. (a) The State Board of Education may incorporate the Texas Permanent School Fund Corporation and delegate to the corporation the board's authority to manage and invest: (1) the permanent school fund under Section 43.003 ; and (2) the charter district bond guarantee reserve fund under Section 45.0571 . (b) The State Board of Education shall adopt the initial articles of incorporation for the corporation. (c) The corporation is a special-purpose governmental corporation and instrumentality of the state with necessary and implied powers to accomplish its purpose. The corporation is subject to regulation and limitation only as provided by this subchapter. Added by Acts 2021, 87th Leg., R.S., Ch. 875 (S.B. 1232 ), Sec. 1.06, eff. September 1, 2021.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § ED.43.052

What does The Texas Constitution § ED.43.052 cover?

Section ED.43.052 ("CREATION OF CORPORATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § ED.43.052?

A common citation format is "The Texas Constitution § ED.43.052" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § ED.43.052 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.