Sec. 52.63. PUBLIC PURPOSE. The legislature finds and declares that this subchapter:
(1) by authorizing the issuance of general obligation bonds as college savings bonds provides the public with a method of saving that encourages enrollment at postsecondary educational institutions; and
(2) by encouraging enrollment at postsecondary educational institutions, this subchapter promotes the public welfare and economic development of this state and, consequently, serves an important public purpose.
Added by Acts 1989, 71st Leg., ch. 1084, Sec. 2.08.
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