| Issue Date: | |
|---|---|
| Revised Date: |
Legal Cites
- Education Code sec. 52.17(a)
- Texas Constitution art. III sec. 50b-4
Origin:
1965
Purpose
To receive the deposit from Texas Opportunity Plan Fund (0387) to pay the interest and principal to become due during the ensuing fiscal year and sufficient to establish and maintain a reserve equal to the average annual principal and interest requirements on all outstanding Texas College Student Loan Bonds.
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative to equal or exceed minimum requirement. |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
USAS Values
| USAS Title | TX COLL STUDENT LOAN BOND I&S |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | A |
Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.