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§ 45.051. DEFINITIONS. In this subchapter: (1) "Board" means the State Board of Education. (2) "Paying agent" means the financial institution that is designated by a school district as its agent for the payment of the principal of and interest on guaranteed bonds. Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.

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Last modified: August 10, 2007

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Texas Education Code - Section 45.051. Definitions