Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 51.785 - Certain Contracts Prohibited The board of an institution may not enter into a contract with a person relating to a permanent improvement project at the institution under which the institution makes contractual payments to the person that are not reflected on the institution's financial statement unless the board:
(1) is specifically authorized to enter into the contract by other law; or(2) receives prior approval by the Texas Higher Education Coordinating Board.Added by Acts 2007, 80th Leg., R.S., Ch. 759, Sec. 1, eff. 6/15/2007.