Sec. 1233.002. DEFINITIONS. In this chapter:
(1) "Board" means the Bond Review Board.
(2) "Committee" means the College Opportunity Act committee.
(3) "College savings bond" means a general obligation bond or another instrument authorized to be designated as a college savings bond under this chapter.
(4) "Issuer" means:
(A) the Veterans' Land Board;
(B) the Texas Water Development Board;
(C) the Texas Higher Education Coordinating Board; or
(D) another state agency authorized under this chapter to designate part or all of its general obligation bonds as college savings bonds.
(5) "Postsecondary educational institution" includes an institution of higher education, as that term is defined by Section 61.003, Education Code, and a private, nonprofit institution of higher education that is accredited by a recognized accrediting agency, as that term is defined by Section 61.003, Education Code, and that is located and authorized to operate in this state. The term does not include a private institution of higher education operated exclusively for sectarian purposes, religious teaching or worship, or the training of professionals in the field of religion.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
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