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Purpose

Classification  
Depository Interest
Disposition of Balance
Appropriation Technique

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Financial Activity

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Note

Created in 1856 by TEX. CONST. art. VII, § 9 AND TEX. GOV'T CODE ANN. § 404.026 to provide a perpetual endowment for the support, maintenance, and improvement of an institute for the blind.

Money in the fund was invested but not expendable.

Income from investments was deposited to Available Blind Institute Fund (0017).

Repealed effective 11-6-02 upon passage of H.J.R. 75, 77th Leg., R. S., by the voters.

USAS Values

USAS Title PERMANENT BLIND INSTITUTE FUND
Consolidated Fund
State Fund Group 05 - CONSTITUTIONAL NONEXPENDABLE FUNDS
USAS Status I