Texas Education Code 62.141 – Purpose
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Terms Used In Texas Education Code 62.141
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
The purpose of this subchapter is to allocate appropriations from the Texas University Fund to provide a dedicated, independent, and equitable source of funding to enable certain general academic teaching institutions to achieve national prominence as major research universities and drive the state economy.