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Texas Transportation Code

§ 21.104 — REVOLVING LOAN FUND

TN § 21.104Title 3. AVIATION · Ch. 21. ADMINISTRATION OF AERONAUTICS · Art. C. AVIATION FACILITIES DEVELOPMENT AND FINANCIAL ASSISTANCE

Statute text

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The department shall:
(1)place the principal and interest derived from a loan in a revolving loan fund; and
(2)administer the fund for future loans and their administration.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.