Tex. Nat. Res. Code § 161.515 · Subchapter K. LAND LOANS
CERTAIN RIGHTS, BENEFITS, CONDITIONS, AND OBLIGATIONS PROHIBITED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In making rules and administering this subchapter, the board may not impose on or grant a loan recipient or a transferee under Section 161.511 a right, benefit, condition, or obligation that, in any way, may impair:
(1) the ability of the board to sell a loan made under this subchapter; or
(2) the market value of a loan made under this subchapter.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 223 (H.B. 1416), Sec. 1, eff. September 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/NR/htm/NR.161.htm
- Text hash
- sha256 c2a0668d5c1f0e801e3c3f721f5e1f9a147704f160b2e3e558490c4ea2402f94
- 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
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