Sec. 52.16. PROCEEDS FROM BOND SALE. All proceeds from the sale of bonds authorized by Sections 50b-4, 50b-5, 50b-6, and 50b-7, Article III, Texas Constitution, shall be deposited in the state treasury in the student loan auxiliary fund.
Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971. Amended by Acts 1993, 73rd Leg., ch. 571, Sec. 6, eff. Aug. 30, 1993.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 325 (H.B. 4465), Sec. 2, eff. September 1, 2019.
Structure Texas Statutes
Subtitle A - Higher Education in General
Chapter 52 - Student Loan Program
Section 52.11. Issuance of Bonds
Section 52.12. Refunding Bonds
Section 52.13. Bonds as Investments
Section 52.16. Proceeds From Bond Sale
Section 52.17. Interest and Sinking Funds
Section 52.18. Duties of Comptroller