Texas Transportation Code 504.664 – Foundation School Program License Plates
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(a) The department shall issue specially designed license plates to benefit the Foundation School Program. The department shall design the license plates in consultation with the Texas Education Agency.
(b) After deduction of the department’s administrative costs, the department shall deposit the remainder of the fee for issuance of license plates under this section to the credit of the foundation school fund.
Terms Used In Texas Transportation Code 504.664
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.