Sec. 63.101.  CREATION OF FUNDS.  (a)  A separate permanent endowment fund is established for the benefit of each of the following institutions of higher education:
(1)  The University of Texas Health Science Center at San Antonio;
(2)  The University of Texas M. D. Anderson Cancer Center;
(3)  The University of Texas Southwestern Medical Center;
(4)  The University of Texas Medical Branch at Galveston;
(5)  The University of Texas Health Science Center at Houston;
(6)  The University of Texas Health Science Center at Tyler;
(7)  The University of Texas at El Paso;
(8)  The Texas A&M University Health Science Center;
(9)  the University of North Texas Health Science Center at Fort Worth;
(10)  the components of the Texas Tech University Health Sciences Center located in El Paso;
(11)  the components of the Texas Tech University Health Sciences Center at locations other than El Paso;
(12)  the regional academic health center established under Section 74.611; and
(13)  Baylor College of Medicine, if a contract between Baylor College of Medicine and the Texas Higher Education Coordinating Board is in effect under Section 61.092.
(b)  Each separate permanent endowment fund is a special fund in the treasury outside the general revenue fund.
(c)  Each separate permanent endowment fund is composed of:
(1)  money transferred to the fund at the direction of the legislature;
(2)  gifts and grants contributed to the fund;  and
(3)  the returns received from investment of money in the fund.
Added by Acts 1999, 76th Leg., ch. 1402, Sec. 1, eff. Aug. 30, 1999.
Amended by: 
Acts 2013, 83rd Leg., R.S., Ch. 179 (H.B. 1844), Sec. 8, eff. September 1, 2013.