Texas Human Resources Code

§ 136.005 — INVESTMENT COMMITTEE

HR § 136.005Title 9. HEALTH AND HUMAN SERVICES · Ch. 136. TEXAS COMMUNITY HEALTH CENTER REVOLVING LOAN

Statute text

(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.

Legislative history

Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1, 2001.