Texas § ED.55.02 - SYSTEMWIDE REVENUE FINANCING PROGRAM
Full text of Texas The Texas Constitution § ED.55.02 — SYSTEMWIDE REVENUE FINANCING PROGRAM, with citation guidance and answers to common questions.
§ ED.55.02. SYSTEMWIDE REVENUE FINANCING PROGRAM
SYSTEMWIDE REVENUE FINANCING PROGRAM. (a) The governing board of a university system may establish a systemwide revenue financing program to provide funds to acquire, purchase, construct, improve, renovate, enlarge, or equip property, buildings, structures, facilities, roads, or related infrastructure at an institution, branch, or entity of the university system. (b) The governing board may issue bonds or notes in accordance with this chapter for any purpose authorized by law as part of the systemwide revenue financing program. (c) The governing board may pledge to the payment of any bonds or notes issued as part of the systemwide revenue financing program all or any part of the revenue funds of an institution, branch, or entity of the university system. (d) In this section, "university system" has the meaning assigned by Section 61.003 of this code. Added by Acts 1993, 73rd Leg., ch. 803, Sec. 2, eff. Sept. 1, 1993.
Frequently Asked Questions About Texas § ED.55.02
What does The Texas Constitution § ED.55.02 cover?
Section ED.55.02 ("SYSTEMWIDE REVENUE FINANCING PROGRAM") 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.55.02?
A common citation format is "The Texas Constitution § ED.55.02" (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.55.02 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.