Tex. Ins. Code § 961.206 · Subchapter E. OPERATION OF NONPROFIT LEGAL SERVICES CORPORATIONS

ADVANCE TO CORPORATION.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

Any person may advance to a nonprofit legal services corporation, on a contingent liability basis, money necessary for the purposes of the corporation's business or to comply with this chapter. The advance may be made in an amount and at a rate of interest agreed to by the person and the corporation.

Notes and commentary — not statutory text

History

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Amended by:

Acts 2019, 86th Leg., R.S., Ch. 643 (S.B. 1623), Sec. 10, 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/IN/htm/IN.961.htm
Text hash: sha256 af3279de5c0a1a3551602a3e62832a8a898fb2ae7fe2617814644b85b9a71e92
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.