Texas Education Code - Section 45.151. Definitions
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§ 45.151. DEFINITIONS. In this subchapter:
(1) "District" means any independent school district.
(2) "Stadium" means the structural and associated
facilities designed for staging and holding athletic contests and
other events.
(3) "Authority" means an athletic stadium authority
created under this subchapter.
(4) "Board of directors" means the board of directors
of the authority.
(5) "Bond resolution" means the resolution
authorizing the issuance of revenue bonds.
(6) "Trust indenture" means the mortgage, deed of
trust, or other instrument pledging revenues of or creating a
mortgage lien on properties, or both, to secure the revenue bonds
issued by the authority.
(7) "Trustee" means the trustee under the trust
indenture.
Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.
Section: 45.106 45.107 45.108 45.109 45.110 45.111 45.112 45.151 45.152 45.153 45.154 45.155 45.156 45.157 45.158
Last modified: August 10, 2007
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