This law allows the Texas Higher Education Coordinating Board to issue up to $400 million in general obligation bonds to finance student educational loans. It expands the state's ability to support student financing beyond existing bond provisions.
Authorizes up to $400 million in bonds for educational loans.
Bonds are issued by the Texas Higher Education Coordinating Board.
Supplementary to existing bond provisions for educational financing.
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In simple terms: Learn about Texas's law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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