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Texas Statutes (Last Updated: January 4, 2014) |
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GOVERNMENT CODE |
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Title 9. PUBLIC SECURITIES |
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Subtitle B. PROVISIONS APPLICABLE TO SECURITIES ISSUED BY STATE GOVERNMENT |
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Chapter 1233. COLLEGE OPPORTUNITY ACT |
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Subchapter E. ISSUANCE, SALE, AND MARKETING |
Sec. 1233.205. MARKETING AND DISTRIBUTION
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(a) The committee shall coordinate the marketing and distribution of college savings bonds.
(b) The committee may delegate to the board responsibility for disseminating information about and advertising the college savings bonds. The board may use its staff to assist in, or may contract with another entity for services to carry out, a duty delegated to the board under this subsection.
(c) The committee may contract for the services of financial advisors and for legal services to assist the committee in marketing and distributing and in disseminating information about college savings bonds.
(d) In coordinating the marketing of college savings bonds, the committee shall emphasize the use of college savings bonds to finance the costs of higher education. For this purpose, the committee shall provide information about the college savings bonds to institutions of higher education, other education-related organizations, the financial services community, and the public.
(e) The committee may not publish information purporting to describe the details or terms of or the security for a particular issue of college savings bonds unless the issuer of the college savings bonds approves publication of that information.