Texas Education Code - Section 57.11. Texas Guaranteed Student Loan Corporation
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§ 57.11. TEXAS GUARANTEED STUDENT LOAN CORPORATION. (a)
The Texas Guaranteed Student Loan Corporation is created to
administer the programs authorized by this chapter. The
corporation is a public nonprofit corporation and, except as
otherwise provided in this chapter, has all the powers and duties
incident to a nonprofit corporation under the Texas Non-Profit
Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil
Statutes).
(b) Except as otherwise provided by law, all expenses of the
corporation shall be paid from income of the corporation.
(c) The corporation is subject to Chapter 551, Government
Code.
(d) Student loan borrower information collected, assembled,
or maintained by the corporation is confidential and is not subject
to disclosure under Chapter 552, Government Code.
Added by Acts 1979, 66th Leg., p. 1711, ch. 706, § 1, eff. Aug.
27, 1979. Amended by Acts 1989, 71st Leg., ch. 985, § 1, eff.
Sept. 1, 1989; Acts 1991, 72nd Leg., ch. 450, § 2, eff. Aug. 26,
1991; Acts 1995, 74th Leg., ch. 76, § 5.95(82), eff. Sept. 1,
1995; Acts 1999, 76th Leg., ch. 967, § 2, eff. June 18, 1999.
Section: 56.461 56.462 56.463 56.464 56.465 57.01 57.02 57.11 57.12 57.13 57.131 57.1311 57.14 57.141 57.15
Last modified: August 10, 2007
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