{"data":{"id":"us-tx/tex.-natural-resources-code-161.505","jurisdiction":"us-tx","citation":"Tex. Natural Resources Code § 161.505","heading":"SECURITY FOR LOAN.","body":"A disbursement of money on a loan may not be made unless the loan is secured by a mortgage, deed of trust, or other lien on the land purchased with the proceeds of the loan. A mortgage, deed of trust, or other lien may be a participation in a lien securing any other loan for the purchase of the property, including a lien securing a home loan under Chapter 162.\nAdded by Acts 2001, 77th Leg., ch. 333, Sec. 2, eff. May 21, 2001.","path":["NATURAL RESOURCES CODE","TITLE 7. RESOURCES PROGRAMS","CHAPTER 161. VETERANS LAND BOARD","SUBCHAPTER K. LAND LOANS"],"source_url":"https://statutes.capitol.texas.gov/Docs/NR/htm/NR.161.htm#161.505","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:28Z","sha256":"55a34e19ac61d96c28d31866c2beb55cf75a52ecfefca3d8988b1f377e86d487","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-natural-resources-code-161.504","next":"us-tx/tex.-natural-resources-code-161.506"},"notice":"GroundRules: Original legal text. Not legal advice."}