(a) Applicability. This chapter governs the administration
of the Texas Financial Education Endowment (TFEE) fund as provided
by Texas Finance Code, §393.628.
(b) Purpose. The purpose of this chapter is to provide
guidelines regarding the administration of the TFEE fund, which serves
to support statewide financial education and consumer credit building
activities and programs in Texas.
(c) TFEE fund. The TFEE fund consists of assessments
paid by credit access business applicants and license holders, as
well as gifts and donations contributed to the fund to fulfill TFEE
or consumer credit educational purposes as provided in §7.104
of this title (relating to TFEE Gifts and Donations).
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