Tex. Gov't Code § 489.303 · Subchapter F. MICRO-BUSINESS DISASTER RECOVERY LOAN GUARANTEE PROGRAM
POWERS OF BANK IN ADMINISTERING MICRO-BUSINESS DISASTER RECOVERY FUND.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
In administering the micro-business disaster recovery fund, the bank has the powers necessary to carry out the purposes of this subchapter, including the power to invest money at the bank's discretion in obligations determined proper by the bank.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 947 (S.B. 1465), Sec. 1, eff. June 18, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.489.htm
- Text hash
- sha256 2a140a1e3e181dd48c5f4a472cc461c0b689a3c2e64ba4ac6defd63a22edb484
- 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.