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Terms Used In Texas Education Code 61.881

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

In this subchapter:
(1) “Eligible entity” means:
(A) a lower-division institution of higher education;
(B) a consortium of lower-division institutions of higher education; or
(C) a local chamber of commerce, trade association, or economic development corporation that partners with a lower-division institution of higher education or a consortium of lower-division institutions of higher education.
(2) “Lower-division institution of higher education” means a public junior college, public state college, or public technical institute.
(3) “Program” means the Texas Reskilling and Upskilling through Education (TRUE) Program established under this subchapter.