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

Tex. Government Code § 489.259: ADMINISTRATION OF FUND.

Where this section sits in the code

GOVERNMENT CODE
TITLE 4. EXECUTIVE BRANCH
SUBTITLE F. COMMERCE AND INDUSTRIAL DEVELOPMENT
CHAPTER 489. TEXAS ECONOMIC DEVELOPMENT BANK
SUBCHAPTER E. TEXAS SMALL AND RURAL COMMUNITY SUCCESS FUND

The bank shall administer the fund. In administering the fund and this subchapter, the bank has the powers necessary to carry out the purposes of this subchapter, including the power to:

(1) make, execute, and deliver contracts, conveyances, and other instruments; and

(2) impose charges and provide for reasonable penalties for delinquent payments or performance in connection with any transaction.

Added by Acts 2021, 87th Leg., R.S., Ch. 947 (S.B. 1465), Sec. 1, eff. June 18, 2021.

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

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