Respuesta :
Government often support universities by giving them funds. The Permanent University Fund (PUF) is money set aside in Texas' constitution to benefit the University of Texas and Texas A&M and no other universities is a true statement.
In 1876, the Texas Constitution was known to keep some lands in West Texas to aid The University of Texas and Texas A&M systems of tertiary education.
- Permanent University Fund (PUF) as written down in the Texas constitution state that he University of Texas system will only have two-thirds of the gains of the PUF and the Texas A&M system takes one-third.
Conclusively, The PUF is known to be run or managed byThe University of Texas Investment Management Company (UTIMCO) and the funds only applies to both tertiary institution.
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