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Tex. Gov't Code § 2306.230

AGREEMENTS REGARDING CERTAIN LIMITATIONS ON HOUSING SPONSORS

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff

A mortgage loan is subject to an agreement between the department and the housing sponsor that subjects the sponsor and its principals or stockholders to limitations established by the department regarding:

(1) rentals and other charges;

(2) builders' and developers' profits and fees;

(3) the disposition of its property; and

(4) the real property that constitutes the site of or relates to the housing development.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.