Tex. Transp. Code § 456.065

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 456.065 - Guarantee From Municipalities

The department, on behalf of the commission and with the approval of the comptroller, shall secure an agreement or agreements with the municipalities served by an eligible corporation that receives assistance under this subchapter to further guarantee the repayment of half of any unpaid balance on a loan, including interest, made under this subchapter.

Tex. Transp. Code § 456.065

Added by Acts 1997, 75th Leg., ch. 110, Sec. 2, eff. May 16, 1997.