Texas § 489.301 DEFINITIONS.

Texas Statutes

§ 489.301 — DEFINITIONS.

Texas § 489.301

Code GVGovernment Code

This text of Texas § 489.301 (DEFINITIONS.) 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. § 489.301 (2026).

Text

Sec. 489.301. DEFINITIONS. In this subchapter:

(1)"Declared disaster" means a state of disaster declared by the governor under Chapter 418 .

(2)"Financial institution" includes a bank, trust company, banking association, savings and loan association, mortgage company, investment bank, credit union, and nontraditional financial institution.

(3)"Micro-business" means a corporation, partnership, sole proprietorship, or other legal entity that:

(A)is domiciled in this state and has at least 95 percent of its employees located in this state;

(B)is formed to make a profit; and

(C)employs not more than 20 employees.

(4)"Participating financial institution" means a financial institution participating in the program.

(5)"Program" means the micro-business disaster recovery loan guarantee pro

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Sec. 489.301. DEFINITIONS. In this subchapter:
(1) "Declared disaster" means a state of disaster declared by the governor under Chapter 418 .
(2) "Financial institution" includes a bank, trust company, banking association, savings and loan association, mortgage company, investment bank, credit union, and nontraditional financial institution.
(3) "Micro-business" means a corporation, partnership, sole proprietorship, or other legal entity that:
(A) is domiciled in this state and has at least 95 percent of its employees located in this state;
(B) is formed to make a profit; and
(C) employs not more than 20 employees.
(4) "Participating financial institution" means a financial institution participating in the program.
(5) "Program" means the micro-business disaster recovery loan guarantee program.