Texas § ED.54.808 - TEXAS SAVE AND MATCH TRUST FUND
Full text of Texas The Texas Constitution § ED.54.808 — TEXAS SAVE AND MATCH TRUST FUND, with citation guidance and answers to common questions.
§ ED.54.808. TEXAS SAVE AND MATCH TRUST FUND
TEXAS SAVE AND MATCH TRUST FUND; AGREEMENTS BETWEEN BOARD AND PROGRAM ENTITY REGARDING PROGRAM ENTITY FUNDS. (a) The Texas save and match trust fund is established as a trust fund to be held with the comptroller. (b) Money in the fund may be spent without appropriation and only to establish matching accounts, make deposits, purchase tuition units, and award matching grants and scholarships under the program and to pay the costs of program administration and operations. (c) The board may invest, reinvest, and direct the investment of any available money in the fund. (d) Interest and income from the assets of the fund shall be credited to and deposited in the fund. (e) The board and the program entity may enter into an agreement under which the board may hold and manage funds of the program entity and provide services to the program entity. Added by Acts 2011, 82nd Leg., R.S., Ch. 1186 (H.B. 3708 ), Sec. 3, eff. June 17, 2011.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § ED.54.808
What does The Texas Constitution § ED.54.808 cover?
Section ED.54.808 ("TEXAS SAVE AND MATCH TRUST FUND") 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.54.808?
A common citation format is "The Texas Constitution § ED.54.808" (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.54.808 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.