{"data":{"id":"us-tx/tex.-education-code-45.0541","jurisdiction":"us-tx","citation":"Tex. Education Code § 45.0541","heading":"ELIGIBILITY OF CHARTER DISTRICT BONDS.","body":"To be eligible for approval by the commissioner, charter district bonds must:\n(1) without the guarantee, be rated as investment grade by a nationally recognized investment rating firm; and\n(2) be issued under Chapter 53.\nAdded by Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1), Sec. 59.06, eff. September 28, 2011.","path":["EDUCATION CODE","TITLE 2. PUBLIC EDUCATION","SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT","CHAPTER 45. SCHOOL DISTRICT FUNDS","SUBCHAPTER C. GUARANTEED BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.45.htm#45.0541","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"1cb8825f8232989d33ef6774c44aa644d8da76276d4967c1b33648638b612d90","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-45.054","next":"us-tx/tex.-education-code-45.055"},"notice":"GroundRules: Original legal text. Not legal advice."}