Tex. Gov't Code § 2306.230

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2306.230 - Agreements Regarding Certain Limitations on Housing Sponsors

A mortgage loan is subject to an agreement between the department and the housing sponsor that subjects the sponsor and its principals or stockholders to limitations established by the department regarding:

(1) rentals and other charges;

(2) builders' and developers' profits and fees;

(3) the disposition of its property; and

(4) the real property that constitutes the site of or relates to the housing development.

Tex. Gov't. Code § 2306.230

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.