Sec. 52.04. BOARD STUDENT LOAN FUNDS. (a) The board by resolution may establish one or more board student loan funds as accounts in the state treasury.
(b) A board student loan fund established under this section consists of deposits made by the board as provided by this chapter.
(c) A board student loan fund established under this section may be used for any purpose related to the student loan program.
(d) The board by resolution may create and provide the terms of administration and use of one or more accounts in a board student loan fund established under this section.
Added by Acts 1993, 73rd Leg., ch. 571, Sec. 4, eff. Aug. 30, 1993.
Last modified: September 28, 2016