Tex. Gov't Code § 436.1533 · Subchapter D. FISCAL PROVISIONS
USE OF LOAN PROCEEDS TO PAY OTHER DEBT INCURRED TO FINANCE PROJECT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A defense community awarded a loan of financial assistance from the Texas military value revolving loan account for an eligible project under this subchapter may use a portion of the loan proceeds to pay off other debt, including commercial debt, the defense community incurred for purposes of financing the project.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 276 (S.B. 2131), Sec. 2, eff. September 1, 2019.
Added by Acts 2019, 86th Leg., R.S., Ch. 800 (H.B. 2119), Sec. 2, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.436.htm
- Text hash
- sha256 4da0ab8d87b743a49cd8efa6f6f96886b56b05ed3acd610ec1247bae2bedfcef
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.