{"data":{"id":"us-tx/tex.-natural-resources-code-161.507","jurisdiction":"us-tx","citation":"Tex. Natural Resources Code § 161.507","heading":"LOAN PAYMENTS.","body":"(a) The final principal payment on a loan shall be made not later than the 40th anniversary of the date of the loan.\n(b) The board shall determine the maximum principal amount of loans to the same eligible person that may be outstanding at any time.\n(c) Payments on the loan must be made at times determined by the board.\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#161.507","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:28Z","sha256":"49a6350c3c1ccb77d0faeeb5dc86b49b654755ace20af57c52e2ad215db0dbea","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-natural-resources-code-161.506","next":"us-tx/tex.-natural-resources-code-161.508"},"notice":"GroundRules: Original legal text. Not legal advice."}