Texas Statutes
§ 53B.11 — CREATION OF AUTHORITY.
Texas § 53B.11
JurisdictionTexas
Code EDEducation Code
This text of Texas § 53B.11 (CREATION OF AUTHORITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Education Code Code Ann. § 53B.11 (2026).
Text
Sec. 53B.11. CREATION OF AUTHORITY. When the governing body of a city finds that it is to the best interest of the city and its inhabitants to create a higher education loan authority, it shall pass an ordinance creating the authority and designating the name by which it shall be known. If the governing bodies of two or more cities find that it is to the best interest of the cities to create an authority to include those cities, each governing body shall pass an ordinance creating the authority and designating the name by which it shall be known.
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Legislative History
Added by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701 ), Sec. 2, eff. September 1, 2005.
Nearby Sections
15
§ 53B.01
SHORT TITLE.§ 53B.02
DEFINITIONS.§ 53B.11
CREATION OF AUTHORITY.§ 53B.12
TERRITORY.§ 53B.13
CORPORATE POWERS.§ 53B.131
AUTHORITY'S EARNINGS.§ 53B.14
BOARD OF DIRECTORS.§ 53B.31
NO TAXING POWER.§ 53B.32
NO POWER OF EMINENT DOMAIN.§ 53B.37
JUNIOR LIEN BONDS; PARITY BONDS.§ 53B.39
REFUNDING BONDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 53B.11, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/53B.11.