Texas § ED.55.1721 - THE TEXAS A&
Full text of Texas The Texas Constitution § ED.55.1721 — THE TEXAS A&, with citation guidance and answers to common questions.
§ ED.55.1721. THE TEXAS A&
THE TEXAS A&M UNIVERSITY SYSTEM. (a) In addition to the other authority granted by this subchapter, the board of regents of The Texas A&M University System may acquire, purchase, construct, improve, renovate, enlarge, or equip property, buildings, structures, facilities, roads, or related infrastructure for the following institutions to be financed by the issuance of bonds in accordance with this subchapter and in accordance with a systemwide revenue financing program adopted by the board in aggregate principal amounts not to exceed the following amounts: (1) Prairie View A&M University, $15 million; (2) Tarleton State University, $15 million; (3) Texas A&M University, $12.5 million; (4) Texas A&M University Health Science Center, $6 million; (5) Texas A&M University--Commerce, $4.2 million; (6) Texas A&M University--Corpus Christi, $25 million; (7) Texas A&M International University, $39.5 million; (8) Texas A&M University--Kingsville, $15 million; (9) Texas A&M University--Texarkana, $4 million; and (10) West Texas A&M University, $9 million. (b) The board may pledge irrevocably to the payment of those bonds all or any part of the revenue funds of an institution, branch, or entity of The Texas A&M University System, including student tuition charges required or authorized by law to be imposed on students enrolled at an institution, branch, or entity of The Texas A&M University System. The amount of a pledge made under this subsection may not be reduced or abrogated while the bonds for which the pledge is made, or bonds issued to refund those bonds, are outstanding. (c) If sufficient funds are not available to the board to meet its obligations under this section, the board may transfer funds among institutions, branches, and entities of The Texas A&M University System to ensure the most equitable and efficient allocation of available resources for each institution, branch, or entity to carry out its constitutional and statutory duties and purposes. (d) Of the proceeds of bonds authorized by this section for Texas A&M International University, $4.5 million may be used only to purchase library books, journals, and other library materials, equipment, and furniture for the university's library. Added by Acts 1997, 75th Leg., ch. 748, Sec. 2, eff. Sept. 1, 1997.
Frequently Asked Questions About Texas § ED.55.1721
What does The Texas Constitution § ED.55.1721 cover?
Section ED.55.1721 ("THE TEXAS A&") 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.55.1721?
A common citation format is "The Texas Constitution § ED.55.1721" (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.55.1721 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.