<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 19EDUCATION
PART 1TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 8CREATION, EXPANSION, DISSOLUTION, OR CONSERVATORSHIP OF PUBLIC COMMUNITY COLLEGE DISTRICTS
SUBCHAPTER FCONSERVATORSHIP OF A PUBLIC COMMUNITY COLLEGE DISTRICT
RULE §8.123Mismanagement Finding; Conservatorship Order

(a) On the Governor's request the Coordinating Board, with the advice and assistance of the State Auditor, shall determine if a condition of gross fiscal mismanagement exists at a public community college.

  (1) When a condition of gross fiscal mismanagement is suspected, the Board shall appoint a delegation to investigate the fiscal condition of the public community college in question. The delegation shall include members of the Committee on Institutional Effectiveness and Excellence and Board staff. The Board shall request assistance from the State Auditor's Office to include one of its staff members as a member of the delegation.

  (2) Based upon its review of the public community college in the matter of gross fiscal mismanagement, the delegation as set out in paragraph (1) of this subsection shall make a report to the Commissioner to include, if appropriate, a recommendation concerning conservatorship.

  (3) The Commissioner shall make a report and recommendation concerning conservatorship to the Board for its consideration at the next quarterly Board meeting.

(b) If the Board finds a condition of gross fiscal mismanagement of a public community college, the Governor, by proclamation, may appoint a conservator as defined in the Texas Government Code, §2401.001 to act as conservator of the college.


Source Note: The provisions of this §8.123 adopted to be effective June 2, 1998, 23 TexReg 5670; amended to be effective February 23, 2000, 25 TexReg 1369; amended to be effective May 25, 2004, 29 TexReg 5061

Next Page Previous Page



Home TxReg TAC OM NewTac Public Footer Bar