DALLAS - Texas' two largest university systems say they will not roll over $108 million of tax-exempt commercial paper that begins maturing next month unless the Texas Supreme Court rules this month on the constitutionality of the state's higher education funding system.

However, the state's lead lawyer in the landmark case said yesterday that he believes the universities can sell commercial paper even before a ruling because a May 1 injunction blocking such transactions was stayed when Texas appealed the case to the high court.

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