Texas Education Code - Section 55.1712. Texas A & M International University
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Texas Lawyer > Education Code > Texas Education Code - Section 55.1712. Texas A & M International University
§ 55.1712. TEXAS A & M INTERNATIONAL UNIVERSITY. (a) The
board of regents of The Texas A & M University System may acquire,
purchase, construct, improve, enlarge, and equip property,
buildings, structures, facilities, roads, and related
infrastructure for Texas A & M International University.
(b) The board may finance those items listed under
Subsection (a) of this section through the issuance of bonds under
this subchapter and in accordance with its existing system-wide
revenue financing program. The board may pledge irrevocably to the
payment of those bonds all or any part of the aggregate amount of
student tuition charges required or authorized by law to be imposed
on students enrolled at Texas A & M International University. The
amount of a pledge made under this subsection may not be reduced or
abrogated while the bonds for which the pledge is made, or bonds
issued to refund those bonds, are outstanding.
(c) Bonds issued under this section may not be issued in an
aggregate principal amount exceeding $30 million.
Added by Acts 1991, 72nd Leg., 1st C.S., ch. 4, § 14.03, eff.
Jan. 1, 1992. Amended by Acts 1993, 73rd Leg., ch. 260, § 10,
eff. Sept. 1, 1993.
Section: 55.13 55.14 55.15 55.16 55.17 55.171 55.1711 55.1712 55.1713 55.1714 55.1715 55.1716 55.1717 55.1718 55.172
Last modified: August 10, 2007
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