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Tex. Ins. Code § 961.206

ADVANCE TO CORPORATION

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff

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.

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