Texas § ED.45.255 - APPLICATION FOR CREDIT ENHANCEMENT

Full text of Texas The Texas Constitution § ED.45.255 — APPLICATION FOR CREDIT ENHANCEMENT, with citation guidance and answers to common questions.

§ ED.45.255. APPLICATION FOR CREDIT ENHANCEMENT

APPLICATION FOR CREDIT ENHANCEMENT. (a) A school district seeking credit enhancement of eligible bonds under this subchapter shall apply to the commissioner using a form adopted by the commissioner for the purpose. The commissioner may adopt a single form on which a district seeking guarantee or credit enhancement of eligible bonds may apply simultaneously first for a guarantee under Subchapter C and then, if that guarantee is rejected, for credit enhancement under this subchapter. (b) An application under Subsection (a) must: (1) include the information required by Section 45.055 (b); and (2) be accompanied by a fee set by board rule in an amount designed to cover the costs of administering the programs to provide the guarantee or credit enhancement of eligible bonds. Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646 ), Sec. 75, eff. September 1, 2009.

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Frequently Asked Questions About Texas § ED.45.255

What does The Texas Constitution § ED.45.255 cover?

Section ED.45.255 ("APPLICATION FOR CREDIT ENHANCEMENT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § ED.45.255?

A common citation format is "The Texas Constitution § ED.45.255" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § ED.45.255 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.