Texas Education Code - Section 45.055. Application For Guarantee
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§ 45.055. APPLICATION FOR GUARANTEE. (a) A school
district seeking the guarantee of eligible bonds shall apply to the
commissioner.
(b) The application must include:
(1) the name of the school district and the principal
amount of the bonds to be issued;
(2) the name and address of the district's paying agent
for those bonds; and
(3) the maturity schedule, estimated interest rate,
and date of the bonds.
(c) The application must be accompanied by a fee set by rule
of the board in an amount designed to cover the costs of
administering the guarantee program.
Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.
Section: 45.034 45.035 45.036 45.051 45.052 45.053 45.054 45.055 45.056 45.057 45.058 45.059 45.060 45.061 45.062
Last modified: August 10, 2007
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