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Tex. Gov't Code § 2306.6720

ENFORCEABILITY OF APPLICANT REPRESENTATIONS

Added by Acts 2001, 77th Leg., ch. 1367, Sec. 8.01, eff

Each material representation made by an applicant to secure a housing tax credit allocation is enforceable by the department and the tenants of the development supported with the allocation. Subject to modification and enforcement as provided by this chapter, a land use restriction agreement that is recorded with respect to a development is considered to state the development owner's ongoing obligations with regard to the matters addressed in the agreement.

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