Texas Education Code - Section 45.056. Investigation
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§ 45.056. INVESTIGATION. (a) Following receipt of an
application for the guarantee of bonds, the commissioner shall
conduct an investigation of the applicant school district in regard
to:
(1) the status of the district's accreditation; and
(2) the total amount of outstanding guaranteed bonds.
(b) If following the investigation the commissioner is
satisfied that the school district's bonds should be guaranteed
under this subchapter, the commissioner shall endorse the bonds.
Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.
Section: 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 45.063
Last modified: August 10, 2007
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