Tex. Gov't Code § 489.259

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 489.259 - Administration of Fund

The bank shall administer the fund. In administering the fund and this subchapter, the bank has the powers necessary to carry out the purposes of this subchapter, including the power to:

(1) make, execute, and deliver contracts, conveyances, and other instruments; and

(2) impose charges and provide for reasonable penalties for delinquent payments or performance in connection with any transaction.

Tex. Gov't. Code § 489.259

Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 947,Sec. 1, eff. 6/18/2021.