Tex. Education Code § 53B.37: JUNIOR LIEN BONDS; PARITY BONDS.
Where this section sits in the code
- EDUCATION CODE
- TITLE 3. HIGHER EDUCATION
- SUBTITLE A. HIGHER EDUCATION IN GENERAL
- CHAPTER 53B. HIGHER EDUCATION LOAN AUTHORITIES
- SUBCHAPTER C. POWERS AND DUTIES
Bonds constituting a junior lien on the net revenue or properties may be issued unless prohibited by the bond resolution or trust indenture. Parity bonds may be issued under conditions specified in the bond resolution or trust indenture.
Added by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701), Sec. 2, eff. September 1, 2005.
Collected 2026-08-27T01:47:05Z. Source file · JSON