Texas Statutes
Subchapter B. Revenue Bonds and Facilities
Section 55.1724. Texas State University System

Sec. 55.1724. TEXAS STATE UNIVERSITY SYSTEM.
(a) In addition to the other authority granted by this subchapter, the board of regents of the Texas State University System may acquire, purchase, construct, improve, renovate, enlarge, or equip property, buildings, structures, facilities, roads, or related infrastructure for the following institutions to be financed by the issuance of bonds in accordance with this subchapter and in accordance with a systemwide revenue financing program adopted by the board in aggregate principal amounts not to exceed the following:
(1) Lamar University--Beaumont, $8 million;
(2) Lamar Institute of Technology, $2 million;
(3) Lamar State College--Orange, $3.5 million;
(4) Lamar State College--Port Arthur, $2.75 million;
(5) Sam Houston State University, $7.5 million;
(6) Texas State University, $19.7 million; and
(7) Sul Ross State University, $17.5 million.
(b) The board may pledge irrevocably to the payment of those bonds all or any part of the revenue funds of an institution, branch, or entity of the Texas State University System, including student tuition charges required or authorized by law to be imposed on students enrolled at an institution, branch, or entity of the Texas State University System. The amount of a pledge made under this subsection may not be reduced or abrogated while the bonds for which the pledge is made, or bonds issued to refund those bonds, are outstanding.
(c) If sufficient funds are not available to the board to meet its obligations under this section, the board may transfer funds among institutions, branches, and entities of the Texas State University System to ensure the most equitable and efficient allocation of available resources for each institution, branch, or entity to carry out its duties and purposes.
Added by Acts 1997, 75th Leg., ch. 748, Sec. 2, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 767, Sec. 4, eff. June 18, 1999; Acts 2003, 78th Leg., ch. 386, Sec. 5, eff. Sept. 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 179 (H.B. 3564), Sec. 8, eff. September 1, 2007.
Acts 2013, 83rd Leg., R.S., Ch. 30 (S.B. 974), Sec. 7, eff. September 1, 2013.

Structure Texas Statutes

Texas Statutes

Education Code

Title 3 - Higher Education

Subtitle A - Higher Education in General

Chapter 55 - Financing Permanent Improvements

Subchapter B. Revenue Bonds and Facilities

Section 55.11. General Authority

Section 55.111. Certain Allocated Funds to Be Designated as Capital Construction Assistance Projects

Section 55.115. High-Performance, Sustainable Design, Construction, and Renovation Standards for Certain Facilities

Section 55.12. Contracts for Joint Construction

Section 55.13. Authority to Issue Revenue Bonds

Section 55.14. Terms and Conditions

Section 55.15. Disposition of Bond Proceeds

Section 55.16. Board Responsibility

Section 55.165. Oversight of Certain Capital Projects

Section 55.17. Pledges; Parietal Rules; Types of Fees; Additional Pledge of Resources; Acquisition, Etc

Section 55.171. Specific Institutions

Section 55.1711. Texas A&m University--Corpus Christi

Section 55.1712. Texas A&m International University

Section 55.1713. The Texas A&m University System

Section 55.1714. The University of Texas System

Section 55.1715. The University of Houston System

Section 55.1716. Texas State University System

Section 55.1717. University of North Texas and Texas College of Osteopathic Medicine

Section 55.1718. Texas Woman's University System

Section 55.172. The University of Texas--Pan American

Section 55.1721. The Texas A&m University System

Section 55.1722. The University of Texas System

Section 55.1723. The University of Houston System

Section 55.1724. Texas State University System

Section 55.1725. University of North Texas and University of North Texas Health Science Center at Fort Worth

Section 55.1726. Texas Woman's University System

Section 55.1728. Stephen F

Section 55.173. The University of Houston System

Section 55.1731. The Texas A&m University System; Additional Bonds

Section 55.1732. The University of Texas System; Additional Bonds

Section 55.1733. The University of Houston System; Additional Bonds

Section 55.1734. Texas State University System; Additional Bonds

Section 55.1735. University of North Texas System; Additional Bonds

Section 55.1736. Texas Woman's University System

Section 55.1738. Stephen F

Section 55.1739. Texas Tech University System; Additional Bonds

Section 55.17391. Texas Southern University; Additional Bonds

Section 55.17392. Texas State Technical College System

Section 55.174. Texas Southern University

Section 55.1741. The Texas A&m University System; Additional Revenue Bonds

Section 55.17411. The Texas A&m University System; Additional Revenue Bonds

Section 55.1742. The University of Texas System; Additional Revenue Bonds

Section 55.1743. The University of Houston System

Section 55.1744. Southwest Texas State University; Additional Bonds

Section 55.1749. Texas Tech University System; Additional Revenue Bonds

Section 55.17491. Texas Southern University; Tropical Storm Allison

Section 55.1751. The Texas A&m University System; Additional Bonds

Section 55.1752. The University of Texas System; Additional Bonds

Section 55.17521. The University of Texas at Dallas: Limitations on Certain Debt Service Reimbursement

Section 55.1753. University of Houston System; Additional Bonds

Section 55.1754. Texas State University System; Additional Bonds

Section 55.1755. University of North Texas System; Additional Bonds

Section 55.1756. Texas Woman's University System

Section 55.1758. Stephen F

Section 55.1759. Texas Tech University System; Additional Bonds

Section 55.17591. Texas Southern University; Additional Bonds

Section 55.17592. Texas State Technical College System

Section 55.1768. Stephen F

Section 55.1769. Angelo State University

Section 55.1771. Texas A&m University at Galveston

Section 55.17721. The University of Texas Medical Branch at Galveston

Section 55.1781. The Texas A&m University System; Additional Bonds

Section 55.1782. The University of Texas System; Additional Bonds

Section 55.1783. University of Houston System; Additional Bonds

Section 55.1784. Texas State University System; Additional Bonds

Section 55.1785. University of North Texas System; Additional Bonds

Section 55.1786. Texas Woman's University System

Section 55.1788. Stephen F

Section 55.1789. Texas Tech University System; Additional Bonds

Section 55.17891. Texas Southern University; Additional Bonds

Section 55.17892. Texas State Technical College System

Section 55.17893. Midwestern State University

Section 55.1791. The Texas A&m University System; Additional Bonds

Section 55.1792. The University of Texas System; Additional Bonds

Section 55.1793. University of Houston System; Additional Bonds

Section 55.1794. Texas State University System; Additional Bonds

Section 55.1795. University of North Texas System; Additional Bonds

Section 55.1796. Texas Woman's University; Additional Bonds

Section 55.1797. Stephen F

Section 55.1798. Texas Tech University System; Additional Bonds

Section 55.1799. Texas Southern University; Additional Bonds

Section 55.17991. Texas State Technical College System

Section 55.18. Bonds Not Obligations of the State

Section 55.19. Refunding Bonds

Section 55.20. Approval and Registration of Bonds

Section 55.21. Bonds Are Authorized Investments and Security for Deposits

Section 55.22. Validation of Bonds and Proceedings

Section 55.23. Cumulative Effect of Subchapter

Section 55.24. Pledges Under Previous Laws to Remain in Effect

Section 55.25. Applicability of Other Law; Conflicts