Texas § ED.52.34 - PAYMENTS TO STUDENT
Full text of Texas The Texas Constitution § ED.52.34 — PAYMENTS TO STUDENT, with citation guidance and answers to common questions.
§ ED.52.34. PAYMENTS TO STUDENT
PAYMENTS TO STUDENT. (a) No payment may be made to any student until the student has executed a note payable to the Texas Opportunity Plan Fund or the student loan auxiliary fund for the full amount of the authorized loan plus interest. (b) For the purposes of this chapter, a student has the capacity to contract and is bound by any contract executed by the student, and the defense that the student was a minor at the time the student executed the note is not available to the student in any action arising on the note. (c) Payments to students executing notes may be made annually, semiannually, quarterly, monthly, or for each semester as the board may determine, depending on the demonstrated capacity of the student to manage the student's financial affairs. (d) Disbursements may be made by the board or by the participating institution pursuant to a contract between the board and the institution executed in conformity with this chapter. (e) Money may be distributed to a participating institution only to make payments to a student under a loan authorized by this chapter. (f) The board shall distribute money to a participating institution through the current statewide accounting system. Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971. Amended by Acts 2003, 78th Leg., ch. 820, Sec. 45, eff. Sept. 1, 2003. Amended by: Acts 2019, 86th Leg., R.S., Ch. 325 (H.B. 4465 ), Sec. 5, eff. September 1, 2019.
Frequently Asked Questions About Texas § ED.52.34
What does The Texas Constitution § ED.52.34 cover?
Section ED.52.34 ("PAYMENTS TO STUDENT") 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.52.34?
A common citation format is "The Texas Constitution § ED.52.34" (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.52.34 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.