Texas law on any date › Human Resources Code

Human Resources Code §136.006

In force on Sep 03, 2002 · this text took effect Sep 01, 2001 · same as today's text

LOANS TO COMMUNITY HEALTH CENTERS

(a) The development corporation may make a loan to a community health center only with the approval of the investment committee. (b) The development corporation shall use at least 60 percent of the money received under the program for loans to community health centers in existence for at least one year before the loan date. (c) A loan made by the development corporation may be subordinated debt. (d) The development corporation may make a loan under the program through a partnership or joint investment with one or more financial institutions or federal or state programs. (e) Payments on community health center loans shall be made to the development corporation. The development corporation shall use the loan payment money received from community health centers to make new loans as provided by this chapter.

History: Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1, 2001.

Source: the Legislature's file server, seen Nov 08, 2026.

Every version on file

Effective Sep 01, 2001 · seen Nov 2026–Nov 2026

Attorney General opinions that cite it

GA-0033 (Sep 03, 2002): Whether the Texas Community Health Center Revolving Loan Fund exists as a trust fund outside the state treasury; whether loan income is the property of the Fund; and whether chapter 136 of the Human Resources Code, which establishes the Fund, violates article III, sections 1, 50 and 5 1 of the Texas Constitution

A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.