Texas Education Code
§ 56.134 — PROCEEDS
ED § 56.134Title 3. HIGHER EDUCATION · Part A. HIGHER EDUCATION IN GENERAL · Ch. 56. STUDENT FINANCIAL ASSISTANCE · Art. H. STUDENT LOAN REVENUE BOND PROGRAM
Statute text
View on source(a)The board shall deposit the proceeds from the sale of the bonds issued under this subchapter in the fund.
(b)The board may use the proceeds from the sale of the bonds to pay the costs of issuing, marketing, or distributing the bonds.
Legislative history
Added by Acts 1991, 72nd Leg., ch. 330, Sec. 1, eff. June 5, 1991.