Texas Education Code

§ 130.130 — NOTES ARE NOT TAX BONDS

ED § 130.130Title 3. HIGHER EDUCATION · Part G. NON-BACCALAUREATE SYSTEM · Ch. 130. JUNIOR COLLEGE DISTRICTS · Art. G. FISCAL PROVISIONS

Statute text

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Notes and refunding notes issued under this subchapter are not tax bonds under Section 130.122 of this code, and an election is not required before the governing board of a public junior college district or regional college district may issue such notes or refunding notes.

Legislative history

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