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Tex. Human Resources Code § 136.005

INVESTMENT COMMITTEE

Texas · Texas Human Resources Code · Status: effective

Banking, Finance & Insurance
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Tex. Human Resources Code § 136.005, INVESTMENT COMMITTEE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/666106
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(a) Before contracting with a development corporation, the commission shall require the development corporation to establish an investment committee to approve loan requests of community health centers. (b) The investment committee must consist of seven members as follows: (1) at least two members with lending experience; (2) at least two members who receive health care services from a community health center; and (3) at least one member who represents the Texas Association of Community Health Centers, Inc.