Tex. Insurance Code § 961.206: ADVANCE TO CORPORATION.
Where this section sits in the code
- INSURANCE CODE
- TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
- SUBTITLE H. OTHER ENTITIES
- CHAPTER 961. NONPROFIT LEGAL SERVICES CORPORATIONS
- SUBCHAPTER E. OPERATION OF NONPROFIT LEGAL SERVICES CORPORATIONS
Any person may advance to a nonprofit legal services corporation, on a contingent liability basis, money necessary for the purposes of the corporation's business or to comply with this chapter. The advance may be made in an amount and at a rate of interest agreed to by the person and the corporation.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 643 (S.B. 1623), Sec. 10, eff. September 1, 2019.
Collected 2026-08-27T01:47:21Z. Source file · JSON