Sec. 61.804. ELIGIBLE ENTITY    


Latest version.
  • (a) To be eligible to receive financial assistance under this subchapter, an entity must be:

    (1) a public or private institution of higher education;

    (2) a school district; or

    (3) a nonprofit organization that does not incur debt and that is exempt from taxation under Section 501(a), Internal Revenue Code, by being listed under Section 501(c)(3), Internal Revenue Code.

    (b) An eligible entity must apply for financial assistance on a form provided by the board and meet any other reasonable requirements established by board rule.

Redesignated from Education Code, Subchapter P, Chapter 61 by Acts 2011, 82nd Leg., R.S., Ch. 91 , Sec. 27.001(9), eff. September 1, 2011.