(a) A TUF-eligible institution may report a percentage
share of the market value of the Texas University Fund as a true endowment
for financial reporting purposes.
(b) An institution shall calculate its percentage share
as seventy-five percent of the market value of the Texas University
Fund multiplied by the institution’s share of the Permanent
Endowment for Education and Research base funding, as calculated in §15.25
of this subchapter (relating to Permanent Endowment for Education
and Research Base Funding).
(c) The market value of the Texas University Fund shall
be as of August 31 of the reported fiscal year as determined by the
Comptroller of Public Accounts.
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