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Tex. Government Code § 481.603

ELIGIBILITY FOR LOAN

Texas · Texas Government Code · Status: effective

Banking, Finance & Insurance
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Tex. Government Code § 481.603, ELIGIBILITY FOR LOAN, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/654865
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The office by rule shall establish the eligibility requirements for a loan to a small business under this subchapter. The requirements must include that the small business: (1) is in good standing under the laws of this state; (2) does not owe delinquent taxes to a taxing unit of this state; (3) has suffered physical damage or economic injury as a result of the event leading to the disaster declaration; and (4) has paid in full any previous loans received under this subchapter.