State of Texas – Fiscal Management

Manual of Accounts

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GR Account 0095 – Texas A&M University Mineral Investment

Local/Inactive

This account is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated accounts may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

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Origin Date:
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Revised Date:

Purpose


Classification  
Depository Interest
Disposition of Balance
Appropriation Technique

Administering Agencies



Financial Activity


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Notes


Created in 1937 in Education Code § 85.70(a) for money from leases/bonuses for mineral developments on A&M University lands. Reserved for exclusive use of Texas A&M University and its branches. Exempt from loss of dedication (§ 403.094, Government Code) in 1993 by S.B. 671, 73rd Leg., R.S. Made a local fund by S.B. 1, 82nd Leg., 1st C.S., effective 9-28-11.



USAS Values


USAS Title GR ACCT-A&M UNIV MINERAL INVESTMENT
Consolidated Fund 0001
State Fund Group 10 - LOCAL OPERATING
USAS Status I


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