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Texas Natural Resources Code

§ 164.002 — DEFINITIONS

NR § 164.002Title 7. RESOURCES PROGRAMS · Ch. 164. VETERANS' FINANCIAL ASSISTANCE PROGRAM

Statute text

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(a)In this chapter:
(1)"Board" means the Veterans' Land Board.
(2)"Bonds" means the revenue bonds issued by the board under this chapter.
(3)"Financial assistance" means the purchase of land, the sale of land to veterans, and the making of home mortgage loans to veterans, as provided for in this chapter.
(4)"Home" means a dwelling within this state in which a veteran intends to reside as the veteran's principal residence.
(5)"Lending institution" means a bank, trust company, savings bank, national banking association, savings and loan association, building and loan association, mortgage banker, mortgage company, credit union, life insurance company, or other financial institution that customarily provides service or aids in the financing of mortgages on single-family residential housing that has been approved for participation by the board, including a holding company for a lending institution.

Legislative history

Added by Acts 1993, 73rd Leg., ch. 242, Sec. 3.01, eff. Aug. 30, 1993. Amended by Acts 1997, 75th Leg., ch. 71, Sec. 5, eff. May 9, 1997; Acts 2001, 77th Leg., ch. 981, Sec. 2, eff. Nov. 6, 2001; Acts 2003, 78th Leg., ch. 1145, Sec. 4, 5, eff. June 20, 2003.

Source: Texas Natural Resources Code § 164.002 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.