Texas Statutes

§ 2306.225 — RATIO OF LOAN TO DEVELOPMENT COST; AMORTIZATION PERIOD.

Texas § 2306.225
JurisdictionTexas
Code GVGovernment Code

This text of Texas § 2306.225 (RATIO OF LOAN TO DEVELOPMENT COST; AMORTIZATION PERIOD.) 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. § 2306.225 (2026).

Text

Sec. 2306.225. RATIO OF LOAN TO DEVELOPMENT COST; AMORTIZATION PERIOD.

(a)Except as provided by Subsection (b), the ratio of loan to total housing development cost and the amortization period of a loan insured or guaranteed by the federal government is governed by the federal government mortgage insurance commitment or federal guarantee for each housing development.
(b)The amortization period for a loan may not exceed 40 years.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Texas § 2306.225, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/2306.225.