Texas § ED.52.541 - ACCOUNTS FOR LOAN PROGRAMS
Full text of Texas The Texas Constitution § ED.52.541 — ACCOUNTS FOR LOAN PROGRAMS, with citation guidance and answers to common questions.
§ ED.52.541. ACCOUNTS FOR LOAN PROGRAMS
ACCOUNTS FOR LOAN PROGRAMS. (a) The board shall establish separate accounting within the Texas Opportunity Plan Fund and the student loan auxiliary fund for each of its existing loan programs. (b) If a loan program is established after September 1, 1989, the board shall establish separate accounting within the Texas Opportunity Plan Fund and the student loan auxiliary fund for that loan program. (c) The board may transfer funds between the Texas Opportunity Plan Fund and the student loan auxiliary fund and among the separate accounts established under this section within those funds if: (1) the transfer is approved by the board and is necessary to administer the Texas Opportunity Plan Fund or the student loan auxiliary fund; and (2) the reason for the transfer is documented in the accounting of the funds. Added by Acts 1989, 71st Leg., ch. 1084, Sec. 2.06, eff. Sept. 1, 1989. Amended by Acts 1991, 72nd Leg., 2nd C.S., ch. 5, Sec. 4. Amended by: Acts 2007, 80th Leg., R.S., Ch. 1334 (S.B. 1640 ), Sec. 6(c), eff. September 1, 2007. Acts 2019, 86th Leg., R.S., Ch. 325 (H.B. 4465 ), Sec. 10, eff. September 1, 2019.
Frequently Asked Questions About Texas § ED.52.541
What does The Texas Constitution § ED.52.541 cover?
Section ED.52.541 ("ACCOUNTS FOR LOAN PROGRAMS") 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.52.541?
A common citation format is "The Texas Constitution § ED.52.541" (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.52.541 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.