Texas Education Code - Section 53.02. Definitions
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§ 53.02. DEFINITIONS. In this chapter:
(1) "City" means an incorporated city or town in this
state.
(2) "Governing body" means the council, commission, or
other governing body of a city.
(3) "Authority" means a higher education facility
authority created under this chapter.
(4) "Board" means the board of directors of an
authority.
(5) "Institution of higher education" means any
institution of higher education as defined by Subdivision (8) of
Section 61.003.
(6) "Educational facility" means a classroom
building, laboratory, science building, faculty or administrative
office building, or other facility used exclusively for the conduct
of the educational and administrative functions of an institution
of higher education.
(7) "Housing facility" means a single- or multi-family
residence used exclusively for housing or boarding, or housing and
boarding students, faculty, or staff members of an institution of
higher learning. The term includes infirmary and student union
building, but does not include a housing or boarding facility for
the use of a fraternity, sorority, or private club.
(8) "Bond resolution" means the resolution
authorizing the issuance of revenue bonds.
(9) "Trust indenture" means the mortgage, deed of
trust, or other instrument pledging revenue or property, or
creating a mortgage lien on property, or both, to secure the revenue
bonds issued by the authority.
(10) "Authorized charter school" means an
open-enrollment charter school that holds a charter granted under
Subchapter D, Chapter 12.
(11) "Borrower" means any of the following entities
that is the recipient of a loan made under Section 53.34:
(A) an institution of higher education;
(B) a nonprofit corporation:
(i) incorporated by and under the exclusive
control of an institution of higher education; or
(ii) incorporated and operating for the
exclusive benefit of an institution of higher education and
authorized by the governing board of the institution to enter into a
transaction as a borrower under this chapter; or
(C) an accredited or authorized charter school.
Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, § 1, eff. Sept.
1, 1971. Amended by Acts 1981, 67th Leg., p. 3067, ch. 807, § 1,
eff. June 17, 1981; Acts 1983, 68th Leg., p. 860, ch. 200, § 1,
2, eff. Aug. 29, 1983; Acts 1987, 70th Leg., ch. 659, § 1, eff.
June 18, 1987; Acts 1997, 75th Leg., ch. 1232, § 1, eff. Sept. 1,
1997; Acts 1999, 76th Leg., ch. 1335, § 4, eff. June 19, 1999;
Acts 2003, 78th Leg., ch. 364, § 2.02, eff. Sept. 1, 2003; Acts
2003, 78th Leg., ch. 817, § 8.17, eff. Sept. 1, 2003; Acts 2003,
78th Leg., ch. 1266, § 1.05, eff. June 20, 2003; Acts 2003, 78th
Leg., ch. 1310, § 7, eff. June 20, 2003; Acts 2005, 79th Leg.,
ch. 641, § 1, eff. Sept. 1, 2005; Acts 2005, 79th Leg., ch. 728,
§ 5.006, eff. Sept. 1, 2005.
Section: 52.86 52.87 52.88 52.89 52.90 52.91 53.01 53.02 53.11 53.12 53.13 53.131 53.14 53.15 53.31
Last modified: August 10, 2007
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