Tex. Educ. Code § 55.1713 · Subchapter B. REVENUE BONDS AND FACILITIES
THE TEXAS A&M UNIVERSITY SYSTEM.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In addition to the authority granted by Sections 55.13, 55.14, 55.17, 55.171, 55.1711, 55.1712, and 55.19 of this code, the board of regents of The Texas A&M 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 amounts:
(1) Texas A&M University--Corpus Christi, $22 million;
(2) Texas A&M International University, $36 million; and
(3) Texas A&M University--Kingsville, $17 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 A&M 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 A&M 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 A&M University System to ensure the most equitable and efficient allocation of available resources for each institution, branch, or entity to carry out its constitutional and statutory duties and purposes.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 803, Sec. 4, eff. Sept. 1, 1993.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.55.htm
- Text hash
- sha256 7e28691efe59d64bc8acee5c63b3e1a11cabcb58f550d6834c1ce628aa7ffe32
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Education Code
- Tex. Educ. Code § 55.13AUTHORITY TO ISSUE REVENUE BONDS.Printed as Sections 55.13, 55.14, 55.17, 55.171, 55.1711, 55.1712, and 55.19
- Tex. Educ. Code § 55.14TERMS AND CONDITIONS.Printed as Sections 55.13, 55.14, 55.17, 55.171, 55.1711, 55.1712, and 55.19
- Tex. Educ. Code § 55.17PLEDGES; PARIETAL RULES; TYPES OF FEES; ADDITIONAL PLEDGE OF RESOURCES; ACQUISITION, ETC. OF PROPERTY; REVENUE BONDS.Printed as Sections 55.13, 55.14, 55.17, 55.171, 55.1711, 55.1712, and 55.19
- Tex. Educ. Code § 55.171SPECIFIC INSTITUTIONS.Printed as Sections 55.13, 55.14, 55.17, 55.171, 55.1711, 55.1712, and 55.19
- Tex. Educ. Code § 55.1711TEXAS A&M UNIVERSITY--CORPUS CHRISTI.Printed as Sections 55.13, 55.14, 55.17, 55.171, 55.1711, 55.1712, and 55.19
- Tex. Educ. Code § 55.1712TEXAS A&M INTERNATIONAL UNIVERSITY.Printed as Sections 55.13, 55.14, 55.17, 55.171, 55.1711, 55.1712, and 55.19
- Tex. Educ. Code § 55.19REFUNDING BONDS.Printed as Sections 55.13, 55.14, 55.17, 55.171, 55.1711, 55.1712, and 55.19
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.