Under this subchapter, the commission may not make:
(1) a grant unless two-thirds of the entire commission votes in favor of the grant; or
(2) a loan unless a majority of the entire commission votes in favor of the loan.
COMMISSION VOTE REQUIRED FOR GRANT OR LOAN
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff
Under this subchapter, the commission may not make:
(1) a grant unless two-thirds of the entire commission votes in favor of the grant; or
(2) a loan unless a majority of the entire commission votes in favor of the loan.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.