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SB 1376, 68th R.S.
Relating to the incorporation, regulation, administration, funding, and dissolution of nonprofit education finance corporations created by cities and counties for the purpose of promoting opportunities for education through providing loans to students or promoting and developing new, expanded, and improveded educational facilities; prescribing the duties, powers, and privileges of the corporations and their sponsoring political entities; permitting higher education authorities to be converted into nonprofit higher education finance corporations; adding Chapter 59, to Title 3, Texas Education Code.


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