DecisionDepot
California legal research

Texas Natural Resources Code

§ 161.502 — DEFINITIONS

NR § 161.502Title 7. RESOURCES PROGRAMS · Ch. 161. VETERANS LAND BOARD · Art. K. LAND LOANS

Statute text

View on source
In this subchapter:
(1)"Lending institution" means a bank, savings bank, savings and loan association, credit union, trust company, mortgage banker, mortgage company, life insurance company, or other financial institution that customarily provides service or aids in the financing of mortgages on single-family residential housing, or a holding company for one of those institutions.
(2)"Loan" means a veterans' land loan made or acquired by the board under this subchapter secured by a mortgage, deed of trust, or other lien on the land purchased with the proceeds of the loan.

Legislative history

Added by Acts 2001, 77th Leg., ch. 333, Sec. 2, eff. May 21, 2001.

Source: Texas Natural Resources Code § 161.502 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.