Tex. Transp. Code § 21.102

LOAN PREFERRED

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff

The department shall:

(1) make a loan instead of a grant whenever feasible under this subchapter; and

(2) carefully consider making a loan instead of a grant for an improvement that produces revenue.

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