Tex. Nat. Res. Code § 161.515

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

Section 161.515 - Certain Rights, Benefits, Conditions, and Obligations Prohibited

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.

Tex. Nat. Res. Code § 161.515

Added by Acts 2007, 80th Leg., R.S., Ch. 223, Sec. 1, eff. 9/1/2007.