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

Tex. Education Code § 45.256: INVESTIGATION.

Read at publisher ↗
Where this section sits in the code
  1. EDUCATION CODE
  2. TITLE 2. PUBLIC EDUCATION
  3. SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT
  4. CHAPTER 45. SCHOOL DISTRICT FUNDS
  5. SUBCHAPTER I. INTERCEPT PROGRAM TO PROVIDE CREDIT ENHANCEMENT FOR BONDS

(a) Following receipt of an application under Section 45.255, the commissioner shall conduct an investigation of the applicant school district as provided for an investigation under Section 45.056(a).

(b) If following the investigation under Subsection (a) the commissioner is satisfied that the school district's bonds should be guaranteed under Subchapter C or provided credit enhancement under this subchapter, as applicable, the commissioner shall endorse the bonds.

Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.

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

Browse this collection