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

Tex. Government Code § 481.504: SECURITY FOR LOANS.

Where this section sits in the code

GOVERNMENT CODE
TITLE 4. EXECUTIVE BRANCH
SUBTITLE F. COMMERCE AND INDUSTRIAL DEVELOPMENT
CHAPTER 481. TEXAS ECONOMIC DEVELOPMENT AND TOURISM OFFICE
SUBCHAPTER DD. DEFENSE COMMUNITY ASSISTANCE

In addition to any other security provided by law, if a defense community defaults on a loan, a state agency making a loan to the defense community for a project described by Section 481.502(a) may foreclose under a loan agreement in the manner provided by law for foreclosure and liquidate any collateral provided under the loan agreement to recover any outstanding debt.

Added by Acts 2003, 78th Leg., ch. 362, Sec. 1, eff. June 18, 2003.

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

Browse this collection