Sec. 1233.206. USE OF PHRASE "COLLEGE SAVINGS BOND" RESTRICTED

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A public legal entity, including a state agency or a municipality or other political subdivision, may not, unless the board has designated a bond or note as a college savings bond under this chapter:
(1) use the phrase "college savings bond" in connection with the issuance, sale, or marketing of a bond or note by the entity; or
(2) authorize a broker or dealer in municipal bonds or notes to use the phrase "college savings bonds" in connection with the sale, resale, marketing, or distribution of a bond or note.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

                    
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