Texas Education Code - Section 55.1744. Southwest Texas State University; Additional Bonds
Legal Research Home >
Texas Lawyer > Education Code > Texas Education Code - Section 55.1744. Southwest Texas State University; Additional Bonds
§ 55.1744. SOUTHWEST TEXAS STATE UNIVERSITY; ADDITIONAL
BONDS. (a) In addition to the other authority granted by this
subchapter, the board of regents of the Texas State University
System may issue bonds in accordance with this subchapter in the
aggregate principal amount not to exceed $27 million to finance the
acquisition, purchase, construction, improvement, renovation,
enlargement, or equipping of property, buildings, structures,
facilities, or related infrastructure for a multi-institutional
education center in Williamson County for Southwest Texas State
University to offer educational programs and supporting activities
and provide facilities for other educational entities to further
institutional efficiency and coordinate educational programs.
(b) The board may pledge irrevocably to the payment of those
bonds all or any part of the revenue funds of Southwest Texas 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.
Added by Acts 2003, 78th Leg., ch. 940, § 2, eff. June 20, 2003;
Acts 2003, 78th Leg., ch. 1319, § 2, eff. June 18, 2003.
Section: 55.17391 55.17392 55.174 55.1741 55.17411 55.1742 55.1743 55.1744 55.1749 55.17491 55.1751 55.1752 55.17521 55.1753 55.1754
Last modified: August 10, 2007
|
