Texas Statutes

§ 161.507 — LOAN PAYMENTS.

Texas § 161.507
JurisdictionTexas
Code NRNatural Resources Code

This text of Texas § 161.507 (LOAN PAYMENTS.) 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. Natural Resources Code Code Ann. § 161.507 (2026).

Text

Sec. 161.507. LOAN PAYMENTS.

(a)The final principal payment on a loan shall be made not later than the 40th anniversary of the date of the loan.
(b)The board shall determine the maximum principal amount of loans to the same eligible person that may be outstanding at any time.
(c)Payments on the loan must be made at times determined by the board.

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Legislative History

Added by Acts 2001, 77th Leg., ch. 333, Sec. 2, eff. May 21, 2001.

Nearby Sections

15
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Texas § 161.507, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/NR/161.507.