Texas Education Code 51.785 – Certain Contracts Prohibited
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Terms Used In Texas Education Code 51.785
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
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.