{"data":{"id":"us-tx/tex.-education-code-45.251","jurisdiction":"us-tx","citation":"Tex. Education Code § 45.251","heading":"DEFINITIONS.","body":"In this subchapter:\n(1) \"Board\" means the State Board of Education.\n(2) \"Foundation School Program\" means the program established under Chapters 46, 48, and 49, or any successor program of state appropriated funding for school districts in this state.\n(3) \"Paying agent\" means the financial institution that is designated by a school district as the district's agent for the payment of the principal of and interest on bonds for which credit enhancement is provided under this subchapter.\nAdded by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 3.054, eff. September 1, 2019.","path":["EDUCATION CODE","TITLE 2. PUBLIC EDUCATION","SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT","CHAPTER 45. SCHOOL DISTRICT FUNDS","SUBCHAPTER I. INTERCEPT PROGRAM TO PROVIDE CREDIT ENHANCEMENT FOR BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.45.htm#45.251","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"fa00a5dd2400612a8cee1f56777e4b26cd52a7e39d0117adb19604077d71bc7c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-45.232","next":"us-tx/tex.-education-code-45.252"},"notice":"GroundRules: Original legal text. Not legal advice."}