Texas § 2306.1073 ADMINISTRATION OF PROGRAM; RULES.

Texas Statutes

§ 2306.1073 — ADMINISTRATION OF PROGRAM; RULES.

Texas § 2306.1073

Code GVGovernment Code

This text of Texas § 2306.1073 (ADMINISTRATION OF PROGRAM; RULES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 2306.1073 (2026).

Text

Sec. 2306.1073. ADMINISTRATION OF PROGRAM; RULES.

(a)The department shall administer the program.

(b)The board shall adopt rules governing:

(1)the administration of the program;

(2)the making of loans under the program;

(3)the criteria for approving participating mortgage lenders;

(4)the use of insurance on the loans and the homes financed under the program, as considered appropriate by the board to provide additional security for the loans;

(5)the verification of occupancy of the home by the homebuyer as the homebuyer's principal residence; and

(6)the terms of any contract made with any mortgage lender for processing, originating, servicing, or administering the loans.

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Sec. 2306.1073. ADMINISTRATION OF PROGRAM; RULES. (a) The department shall administer the program.
(b) The board shall adopt rules governing:
(1) the administration of the program;
(2) the making of loans under the program;
(3) the criteria for approving participating mortgage lenders;
(4) the use of insurance on the loans and the homes financed under the program, as considered appropriate by the board to provide additional security for the loans;
(5) the verification of occupancy of the home by the homebuyer as the homebuyer's principal residence; and
(6) the terms of any contract made with any mortgage lender for processing, originating, servicing, or administering the loans.

Legislative History

Added by Acts 2007, 80th Leg., R.S., Ch. 1029 (H.B. 1637 ), Sec. 1, eff. September 1, 2007. Added by Acts 2007, 80th Leg., R.S., Ch. 1341 (S.B. 1908 ), Sec. 2, eff. September 1, 2007.