Tex. Finance Code § 273.403
ADVANCE OF MONEY
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 273.403, ADVANCE OF MONEY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646928
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Full text
(a) The corporation shall advance money on terms the board may establish to directly aid or to provide special services for a member association under conservatorship so the association may continue to operate and maintain solvency.
(b) The corporation may charge interest on the money it advances under this section.