Tex. Government Code § 2304.068: ADMINISTRATIVE CHARGE IMPOSED BY LOCAL GOVERNMENT.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 10. GENERAL GOVERNMENT
- SUBTITLE G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS
- CHAPTER 2304. HOUSING REHABILITATION
- SUBCHAPTER D. HOUSING REHABILITATION LOANS
(a) A local government may impose a charge to cover its administrative expenses incurred in connection with a housing rehabilitation loan made by the local government.
(b) The local government may deduct the charge from the amount loaned.
(c) The charge may not exceed three percent of the amount of the contract for housing rehabilitation the borrower makes with a contractor.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Collected 2026-08-27T01:47:16Z. Source file · JSON