GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Education Code § 130.128: SALE OF NOTES.

Read at publisher ↗
Where this section sits in the code
  1. EDUCATION CODE
  2. TITLE 3. HIGHER EDUCATION
  3. SUBTITLE G. NON-BACCALAUREATE SYSTEM
  4. CHAPTER 130. JUNIOR COLLEGE DISTRICTS
  5. SUBCHAPTER G. FISCAL PROVISIONS

(a) The governing board of a public junior college district or regional college district may sell notes or refunding notes issued under this subchapter at a public or private sale and at a price that the board determines is adequate.

(b) The governing board of a public junior college district or regional college district shall deposit proceeds from the sale of notes issued under this subchapter in the district's general revenue fund.

(c) Proceeds from the sale of notes issued under this subchapter may be used to pay the costs of issuing, marketing, or distributing the notes.

Added by Acts 1991, 72nd Leg., 1st C.S., ch. 4, Sec. 15.01, eff. Aug. 22, 1991.

Collected 2026-08-27T01:47:05Z. Source file · JSON

Browse this collection