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Texas Natural Resources Code

§ 161.515 — CERTAIN RIGHTS, BENEFITS, CONDITIONS, AND OBLIGATIONS PROHIBITED

NR § 161.515Title 7. RESOURCES PROGRAMS · Ch. 161. VETERANS LAND BOARD · Art. K. LAND LOANS

Statute text

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In making rules and administering this subchapter, the board may not impose on or grant a loan recipient or a transferee under Section 161.511 a right, benefit, condition, or obligation that, in any way, may impair:
(1)the ability of the board to sell a loan made under this subchapter; or
(2)the market value of a loan made under this subchapter.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 223 (H.B. 1416), Sec. 1, eff. September 1, 2007.

Source: Texas Natural Resources Code § 161.515 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.