The department shall:
(1) place the principal and interest derived from a loan in a revolving loan fund; and
(2) administer the fund for future loans and their administration.
REVOLVING LOAN FUND
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff
The department shall:
(1) place the principal and interest derived from a loan in a revolving loan fund; and
(2) administer the fund for future loans and their administration.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.