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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 436.1533: USE OF LOAN PROCEEDS TO PAY OTHER DEBT INCURRED TO FINANCE PROJECT.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 4. EXECUTIVE BRANCH
  3. SUBTITLE C. STATE MILITARY FORCES AND VETERANS
  4. CHAPTER 436. TEXAS MILITARY PREPAREDNESS COMMISSION
  5. SUBCHAPTER D. FISCAL PROVISIONS

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.

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.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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