Texas Statutes

§ 2306.207 — RESERVE FUND.

Texas § 2306.207
JurisdictionTexas
Code GVGovernment Code

This text of Texas § 2306.207 (RESERVE FUND.) 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. § 2306.207 (2026).

Text

Sec. 2306.207. RESERVE FUND.

(a)The department may create a reserve fund with the comptroller out of:
(1)proceeds from the sale of the department's bonds; or
(2)other resources.
(b)The reserve fund is additional security for the division's bonds. SUBCHAPTER J. HOUSING FINANCE DIVISION: LOAN TERMS AND CONDITIONS

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Legislative History

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 980, Sec. 32, eff. Sept. 1, 1997; Acts 1997, 75th Leg., ch. 1423, Sec. 8.75, eff. Sept. 1, 1997.

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Bluebook (online)
Texas § 2306.207, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/2306.207.