Section 58.073 - Compliance(a) On accepting a linked deposit, an eligible lending institution must loan money to eligible applicants in accordance with the deposit agreement and this subchapter. The eligible lending institution shall forward a compliance report to the board.(b) The board shall monitor compliance with this subchapter and inform the comptroller of noncompliance on the part of an eligible lending institution.Tex. Agric. Code § 58.073
Added by Acts 2009, 81st Leg., R.S., Ch. 506, Sec. 1.16, eff. 9/1/2009.