Financial Advisory Services For Student Loan Program.Pursuant To Article Iii Of The Texas Constitution, Thecb Is Authorized To Issue General Obligation Bonds To Issue Loans To Students Attending Higher Institutions Within The State Of Texas. Thecb Uses The Bonds To Fund The Hinson Hazelwood Student Loan Program, Which Provides Low Interest Loans To Eligible Students Seeking An Undergraduate Education And/Or Graduate Or Professional Education Through Public And Independent Institutions Of Higher Education In Texas.Bonds Issued By Thecb Are Private Activity Bonds. It Is Anticipated That Any Such Bonds Will Be Tax-Exempt, But Subject To The Alternative Minimum Tax (Amt). The Decision To Use A Negotiated Or Competitive Sale Will Be Determined By Thecb Based On Prevailing Market Conditions.Pursuant To Texas Government Code § 1201.027, Thecb Is Seeking A Financial Advisor To Provide All Duties And Services Necessary To Facilitate The Issuance Of These Bonds And Other Debt Obligations.94648-Financial Advisor
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