Collin County Community College 043500 DISTRICT AUXILIARY ENTERPRISES |
CQ (LEGAL) |
RETAIL STORES |
A retail store that is owned or operated by the College District may not enter into a transaction for the sale or lease of goods or services in which the College District extends the credit of the state to the obligor.
This prohibition does not apply to an extension of credit to a student for the purchase of books or other educational supplies if the credit may be offset against undistributed grant or loan funds that are held by the College District for the student or that the College District is entitled to receive on behalf of the student. The College District may not withhold grant or loan funds to require the student to purchase books or educational supplies from a store that it owns or operates. Education Code 51.929 |
DATE ISSUED: 02/05/1996 UPDATE 11 CQ(LEGAL)-PJC |