Texas Education Code - Section 55.1727. Midwestern State University
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§ 55.1727. MIDWESTERN STATE UNIVERSITY. (a) The board of
regents of Midwestern State University may acquire, purchase,
construct, improve, renovate, enlarge, or equip property,
buildings, structures, facilities, roads, or related
infrastructure for Midwestern State University to be financed by
the issuance of bonds in accordance with this subchapter in the
aggregate principal amount not to exceed $9 million.
(b) The board may pledge irrevocably to the payment of those
bonds all or any part of the revenue funds of Midwestern State
University, including student tuition charges required or
authorized by law to be imposed on students enrolled at Midwestern
State 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.
Added by Acts 1997, 75th Leg., ch. 748, § 2, eff. Sept. 1, 1997.
Section: 55.172 55.1721 55.1722 55.1723 55.1724 55.1725 55.1726 55.1727 55.1728 55.173 55.1731 55.1732 55.1733 55.1734 55.1735
Last modified: August 10, 2007
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