Tex. Human Resources Code § 136.008
INCOME FROM LOAN
Texas · Texas Human Resources Code · Status: effective
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- Citation
- Tex. Human Resources Code § 136.008, INCOME FROM LOAN, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/666109
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Full text
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.