Tex. Hum. Res. Code § 136.008

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 136.008 - Income From Loan

All income received on a loan made with money received under the program is the property of the development corporation. Income received on a loan includes the payment of interest by a borrower and the administrative fees assessed by the development corporation.

Tex. Hum. Res. Code § 136.008

Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. 9/1/2001.