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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The proceeds of bonds issued by a school district for the construction and equipment of school buildings in the district and the purchase of the necessary sites for school buildings may be used to pay the costs associated with complying with school safety and security requirements for school facilities in accordance with Section 37.351.
(b) This subsection applies to a school district that has been determined by the agency, through the agency's monitoring of safety and security requirements under Section 37.1083, to not be in compliance with those requirements. Notwithstanding any other law, a school district to which this subsection applies must use the proceeds of bonds described by Subsection (a) to achieve compliance with applicable safety and security requirements in accordance with Section 37.351 before the district may use those proceeds for any other authorized purpose.
Cite this article: FindLaw.com - Texas Education Code - EDUC § 45.1011. Use of Bond Proceeds for School Safety Compliance - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-45-1011/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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