Texas Statutes
Subchapter B. Allocation and Reservation of State Ceiling
Section 1372.033. Priorities for Reservations Among Certain Issuers of Qualified Student Loan Bonds

Sec. 1372.033. PRIORITIES FOR RESERVATIONS AMONG CERTAIN ISSUERS OF QUALIFIED STUDENT LOAN BONDS.
(a) In this section, "qualified nonprofit corporation" has the meaning assigned by Section 53B.02(11), Education Code.
(b) Only a qualified nonprofit corporation may apply for a student loan bond allocation.
(c) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1304, Sec. 4, eff. June 17, 2011.
(d) Each qualified nonprofit corporation that applies for a student loan bond allocation in compliance with all applicable application requirements for a program year is entitled to receive a student loan bond allocation prioritized in the order that the application was received by the board for that year.
(e) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1304, Sec. 4, eff. June 17, 2011.
(f) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1304, Sec. 4, eff. June 17, 2011.
(g) A qualified nonprofit corporation that receives a student loan bond allocation may not:
(1) transfer the allocation to another entity; or
(2) loan to another entity, other than a qualified borrower, proceeds of bonds issued under the allocation.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 1367, Sec. 10.08, eff. Sept. 1, 2001; Acts 2003, 78th Leg., ch. 1329, Sec. 11, eff. Sept. 1, 2003.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1304 (H.B. 2911), Sec. 3, eff. June 17, 2011.
Acts 2011, 82nd Leg., R.S., Ch. 1304 (H.B. 2911), Sec. 4, eff. June 17, 2011.
Acts 2019, 86th Leg., R.S., Ch. 992 (S.B. 1474), Sec. 12, eff. September 1, 2019.

Structure Texas Statutes

Texas Statutes

Government Code

Title 9 - Public Securities

Subtitle F - Specific Authority for State or Local Government to Issue Securities

Chapter 1372 - Private Activity Bonds and Certain Other Bonds

Subchapter B. Allocation and Reservation of State Ceiling

Section 1372.021. Annual Allocation of State Ceiling

Section 1372.022. Availability of State Ceiling to Issuers

Section 1372.0223. Dedication of Portion of State Ceiling to Certain Issuers of Qualified Mortgage Bonds

Section 1372.023. Dedication of Portions of State Ceiling to Texas Department of Housing and Community Affairs

Section 1372.0231. Dedication of Portion of State Ceiling Available for Qualified Residential Rental Project Bonds

Section 1372.024. Increase in Amount of State Ceiling Available to Issuers of State-Voted Issues

Section 1372.025. Reallocation of State Ceiling on Failure of Bonds to Qualify as Tax-Exempt Obligations

Section 1372.026. Limitation on Amount of State Ceiling Available to Housing Finance Corporations

Section 1372.0261. Failure of Housing Finance Corporation to Use Amount of State Ceiling Allocated

Section 1372.027. Publication of Available State Ceiling

Section 1372.028. Application for Reservation; Form and Content

Section 1372.0281. Information Required of Issuers of Certain Qualified Student Loan Bonds

Section 1372.029. Applications for Multiple Projects at Same Site Prohibited

Section 1372.030. Granting of Certain Reservations Prohibited; Exceptions

Section 1372.031. Priorities for Reservations Among Certain Issuers

Section 1372.032. Priorities for Reservations Among Issuers of Qualified Mortgage Bonds

Section 1372.0321. Priorities for Reservations Among Issuers of Qualified Residential Rental Project Issues

Section 1372.033. Priorities for Reservations Among Certain Issuers of Qualified Student Loan Bonds

Section 1372.034. Order of Acceptance of Certain Applications for Reservation

Section 1372.035. Granting of Reservations; Order

Section 1372.036. Reservations From Portion of State Ceiling Subsequently Becoming Available

Section 1372.037. Limitations on Granting of Reservations for Individual Projects

Section 1372.038. Reservation Date

Section 1372.039. Certification Required of Issuer; Cancellation on Failure

Section 1372.040. Reservation by Certain Issuers of Qualified Mortgage Bonds of Money for Mortgages for Certain Persons

Section 1372.041. Refusal to Accept Reservation by Issuer

Section 1372.042. Deadline for Closing on Bonds by Issuer

Section 1372.043. Cancellation of Reservation on Issuer's Failure to Timely Close on Bonds

Section 1372.044. Assignment of Reservation

Section 1372.045. Reservation, Allocation, and Carryforward Designation by Board of Additional State Ceiling