Texas Statutes
§ 2306.270 — REGULATION OF RETIREMENT OF CAPITAL INVESTMENT OR REDEMPTION OF STOCK.
Texas § 2306.270
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 2306.270 (REGULATION OF RETIREMENT OF CAPITAL INVESTMENT OR REDEMPTION OF STOCK.) 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. § 2306.270 (2026).
Text
Sec. 2306.270. REGULATION OF RETIREMENT OF CAPITAL INVESTMENT OR REDEMPTION OF STOCK. The department shall regulate the retirement of a capital investment or the redemption of stock of a limited profit housing sponsor if the retirement or redemption, when added to a dividend or other distribution, exceeds in any one fiscal year the permitted percentage, as allowed by the department, of the original face amount of the limited profit housing sponsor's investment or equity in a housing development.
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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. 38, eff. Sept. 1, 1997.
Nearby Sections
15
§ 2306.001
PURPOSES.§ 2306.002
POLICY.§ 2306.003
PUBLIC PURPOSE.§ 2306.004
DEFINITIONS.§ 2306.005
REFERENCES TO FORMER LAW.§ 2306.006
RULES OF ABOLISHED AGENCIES.§ 2306.008
PRESERVATION OF AFFORDABLE HOUSING.§ 2306.022
APPLICATION OF SUNSET ACT.§ 2306.025
TERMS OF BOARD MEMBERS.§ 2306.027
ELIGIBILITY.§ 2306.028
TRAINING.§ 2306.030
PRESIDING OFFICER; OTHER OFFICERS.§ 2306.031
MEMBERS' COMPENSATION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 2306.270, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/2306.270.