Texas Health and Safety Code 551.004 – Benefit Fund
Current as of: 2024 | Check for updates
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(a) The superintendent or director may deposit the interest or increment accruing from funds deposited or invested under § 551.003 into a fund to be known as the benefit fund. The superintendent or director is the trustee of the fund.
(b) The superintendent or director may spend money from the benefit fund for:
(1) educating or entertaining the patients or clients;
(2) barber or cosmetology services for the patients or clients; and
(3) the actual expense incurred in maintaining the fund.
Terms Used In Texas Health and Safety Code 551.004
- Trustee: A person or institution holding and administering property in trust.
