Tex. Transp. Code § 21.103

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

Section 21.103 - Commission Vote Required for Grant or Loan

Under this subchapter, the commission may not make:

(1) a grant unless two-thirds of the entire commission votes in favor of the grant; or

(2) a loan unless a majority of the entire commission votes in favor of the loan.

Tex. Transp. Code § 21.103

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.