Respuesta :

The answer for this is true

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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Q&A Education