Texas Education Code - Section 55.1738. Stephen F. Austin State University
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§ 55.1738. STEPHEN F. AUSTIN STATE UNIVERSITY. (a) In
addition to the other authority granted by this subchapter, the
board of regents of Stephen F. Austin State University may issue in
accordance with this subchapter bonds not to exceed $14,070,000 to
finance campus infrastructure improvements, the construction of a
telecommunications building, the renovation of power plant
facilities, and the replacement or renovation of the Birdwell
Building at Stephen F. Austin State University.
(b) The board may pledge irrevocably to the payment of those
bonds all or any part of the revenue funds of Stephen F. Austin
State University, including student tuition charges. 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) Any portion of the proceeds of bonds authorized by this
section for one or more specified projects that is not required for
the specified projects may be used to renovate existing structures
and facilities at the institution.
Added by Acts 2001, 77th Leg., ch. 1432, § 3, eff. Sept. 1, 2001.
Section: 55.1731 55.1732 55.1733 55.1734 55.1735 55.1736 55.1737 55.1738 55.1739 55.17391 55.17392 55.174 55.1741 55.17411 55.1742
Last modified: August 10, 2007
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