In the same manner that a corporation may issue and execute bonds or other obligations under this chapter for an institution of higher education, a corporation created under Section 53A.35(b) may issue and execute bonds or other obligations to finance or refinance educational facilities or housing facilities to be used by an accredited primary or secondary school.
Tex. Educ. Code § 53A.48
BONDS FOR ACCREDITED PRIMARY OR SECONDARY SCHOOLS
Known as the Higher Education Facility Authority for Private Schools Act
The act spans §§ 53A.01 to 53A.49 (27 sections).
Added by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701), Sec. 2, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.