Tex. Gov't Code § 1372.033 · Subchapter B. ALLOCATION AND RESERVATION OF STATE CEILING
PRIORITIES FOR RESERVATIONS AMONG CERTAIN ISSUERS OF QUALIFIED STUDENT LOAN BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "qualified nonprofit corporation" has the meaning assigned by Section 53B.02(11), Education Code.
(b) Only a qualified nonprofit corporation may apply for a student loan bond allocation.
(c) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1304, Sec. 4, eff. June 17, 2011.
(d) Each qualified nonprofit corporation that applies for a student loan bond allocation in compliance with all applicable application requirements for a program year is entitled to receive a student loan bond allocation prioritized in the order that the application was received by the board for that year.
(e) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1304, Sec. 4, eff. June 17, 2011.
(f) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1304, Sec. 4, eff. June 17, 2011.
(g) A qualified nonprofit corporation that receives a student loan bond allocation may not:
(1) transfer the allocation to another entity; or
(2) loan to another entity, other than a qualified borrower, proceeds of bonds issued under the allocation.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 1367, Sec. 10.08, eff. Sept. 1, 2001; Acts 2003, 78th Leg., ch. 1329, Sec. 11, eff. Sept. 1, 2003.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1304 (H.B. 2911), Sec. 3, eff. June 17, 2011.
Acts 2011, 82nd Leg., R.S., Ch. 1304 (H.B. 2911), Sec. 4, eff. June 17, 2011.
Acts 2019, 86th Leg., R.S., Ch. 992 (S.B. 1474), Sec. 12, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1372.htm
- Text hash
- sha256 7b0578d5de9592ba65e3e05a7b94c03ac1f569cef1e6de0b3bb3bc2c776de17f
- 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
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