Texas Statutes
§ 489.259 — ADMINISTRATION OF FUND.
Texas § 489.259
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 489.259 (ADMINISTRATION OF 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. § 489.259 (2026).
Text
Sec. 489.259. ADMINISTRATION OF FUND. The bank shall administer the fund. In administering the fund and this subchapter, the bank has the powers necessary to carry out the purposes of this subchapter, including the power to:
(1)make, execute, and deliver contracts, conveyances, and other instruments; and
(2)impose charges and provide for reasonable penalties for delinquent payments or performance in connection with any transaction.
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Legislative History
Added by Acts 2021, 87th Leg., R.S., Ch. 947 (S.B. 1465 ), Sec. 1, eff. June 18, 2021.
Nearby Sections
15
§ 489.001
DEFINITIONS.§ 489.002
RULES.§ 489.101
CREATION OF BANK.§ 489.102
POWERS AND DUTIES OF BANK.§ 489.103
FEES.§ 489.104
ALLOCATION OF RESOURCES.§ 489.106
ADMINISTRATION OF FUND AND CHAPTER.§ 489.107
ANNUAL REPORT.§ 489.151
STATE LIABILITY PROHIBITED.§ 489.152
GIFTS, GRANTS, AND DONATIONS.§ 489.211
TEXAS PRODUCT DEVELOPMENT FUND.§ 489.212
SMALL BUSINESS INCUBATOR FUND.§ 489.215
INFORMATION CONFIDENTIAL.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 489.259, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/489.259.