(a) The board shall deposit revenue collected under this subtitle to the credit of the general revenue fund.
(b) The board may receive and spend money, or use gifts, grants, and other funds and assets, in addition to money collected under Subsection (a), in accordance with state law.

Terms Used In Texas Occupations Code 554.007

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.