Tex. Educ. Code § 45.151 · Subchapter F. ATHLETIC STADIUM AUTHORITIES
DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this subchapter:
(1) "District" means any independent school district.
(2) "Stadium" means the structural and associated facilities designed for staging and holding athletic contests and other events.
(3) "Authority" means an athletic stadium authority created under this subchapter.
(4) "Board of directors" means the board of directors of the authority.
(5) "Bond resolution" means the resolution authorizing the issuance of revenue bonds.
(6) "Trust indenture" means the mortgage, deed of trust, or other instrument pledging revenues of or creating a mortgage lien on properties, or both, to secure the revenue bonds issued by the authority.
(7) "Trustee" means the trustee under the trust indenture.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.45.htm
- Text hash
- sha256 c028bdabb12b33c0f9e4a668d5b984c2680d43877bb71506dc937a20e0c76110
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.