(a) The department shall issue Texas Medical Center specialty license plates. The department shall design the license plates in consultation with Texas Medical Center.
(b) After deduction of the department’s administrative costs, the remainder of the fee for issuance of the license plates shall be deposited to the credit of an account created by the comptroller in the manner provided by § 504.6012(b). Money deposited to that account may be used only by the comptroller to provide grants to benefit Texas Medical Center and member institutions of Texas Medical Center.

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Terms Used In Texas Transportation Code 504.667

  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • 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.