(b) An institution of better education and learning may possibly manage an unclaimed cash fund and transfer to that fund a credit equilibrium to which this segment applies. A deposit towards the unclaimed dollars fund won't have an impact on the possession of the quantity deposited. The institution shall:
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(i) The Listening to examiner's expenses and charges shall be paid in equivalent quantities by the get-togethers. The prices of a witness shall be compensated via the party who calls the witness.
Sec. 51.007. PENALTY. Any point out officer, agent, personnel, or member of a governing board of any of the above named establishments, or almost every other one that violates any provision of this subchapter shall be deemed responsible of the misdemeanor and shall be punished by a high-quality of not below $50 nor over $five hundred, and Furthermore could be sentenced to not a lot less than 15 days nor a lot more than three months during the county jail. Failure to print and furnish towards the officers over named, the stories earlier mentioned specified, shall subject matter all of the associates from the governing board with the establishments previously mentioned pointed out on the penalties presented for With this area.
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(b) The board may possibly develop formulas to dietary supplement the funding of developmental tutorial programs by institutions of better instruction, which include formulation for supplementing the funding of non-class-based programs. The board may perhaps create a efficiency funding formula by which institutions of better education and learning may acquire supplemental funding for each pupil who completes the accomplishment initiative recognized beneath this subchapter and afterwards efficiently completes school coursework.
(3) if the individual finished a degree More Bonuses plan in the previous semester, is admitted to a different diploma plan for the institution or device for the following tumble semester.
(f) A university student receiving an exemption underneath Subsection (e) need to enroll inside of a school-level class inside the exempted articles location through the scholar's initial year of enrollment at an establishment of larger instruction transpiring following the student qualifies to the exemption.
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(b) The board by a greater part vote may acknowledge other condition-supported institutions of higher education and learning to membership in the Affiliation on the acceptance on the Coordinating Board, Texas Faculty and College System.
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(d) A depository shall pay out desire over the find out here deposits in a rate agreed on because of the depository as well as governing board.
(6) "Rate" in the context of the deal for the construction, rehabilitation, alteration, or repair service of the facility suggests the payment a development supervisor receives for its overhead and earnings in carrying out its solutions.