Texas Human Resources Code

§ 136.008 — INCOME FROM LOAN

HR § 136.008Title 9. HEALTH AND HUMAN SERVICES · Ch. 136. TEXAS COMMUNITY HEALTH CENTER REVOLVING LOAN

Statute 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.

Legislative history

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