Opinion No.

Mr. Benton Cocanougher Interim Chancellor The Texas A M University System A M System Building, Suite 2043 200 Technology Way College Station, Texas 77845

Re: Whether The Texas A M University System is authorized to administer charitable remainder trusts (RQ-0110-GA)

Dear Mr. Cocanougher:

You ask whether The Texas A M University System (the "A M System") is authorized to administer charitable remainder trusts.

You inform us that the A M System is considering administering charitable remainder trusts established to comply with section 664 of the Internal Revenue Code and Internal Revenue Service…