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Tex. Parks & Wild. Code § 11.203

ACCOUNTABILITY OF NONPROFIT PARTNERS; INVESTMENT RESTRICTIONS

Added by Acts 2001, 77th Leg., ch. 968, Sec. 27, eff

(a) The commission by rule shall require a nonprofit partner to comply with specified state standards and safeguards for accounting for state assets held by the nonprofit partner.

(b) Chapter 2256, Government Code, applies to a nonprofit partner to the extent that the partner controls state money.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.