§3024.2. Appropriation for guaranteed student loan program
The legislature shall annually appropriate sufficient funds to pay those eligible claims
resulting from the guarantee of student loans by the board under this Chapter, but only to the
extent that anticipated federal reinsurance or reimbursement payments pursuant to 20 U.S.C.
§1071 et seq., and any other monies available to the board for such purpose are insufficient
to pay such claims.
Added by Acts 1982, No. 529, §1, eff. July 22, 1982; Acts 2016, No. 314, §3(A).